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$1,195,000
New Listing

162 W 65th Street
Los Angeles, CA 90003

For Sale|Apartment|Active
0
Beds
0
Total Baths
3,312
SqFt
$361
/SqFt
1941
Built
County:
Los Angeles
Listed by Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc. [email protected]

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162 W 65th Street162 W 65th Street162 W 65th Street162 W 65th Street
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162 W 65th St offers a rare opportunity to purchase a four-unit property in a strong pocket of South Los Angeles, with 3 of 4 units delivered vacant. The property features a great mix of units including a large, vacant 4-bedroom/2-bath front house, along with three additional units consisting of (1) 1-bedroom/1-bath, (1) 2-bedroom/1-bath, and (1) newly constructed 3-bedroom/2-bath unit. The variety of unit sizes makes it attractive to a wide range of renters. With a majority of the units delivered vacant, the next owner has the flexibility to lease the units at full market rents from day one. Based on market rents, the property has the potential to generate over $11,000 per month in gross income, making it a strong opportunity for an investor seeking solid cash flow. The property could also be ideal for an owner-user looking to live in the front house while collecting income from the other units to help offset their mortgage. The property is conveniently located in South Los Angeles with easy access to Downtown LA, USC, and the growing Inglewood area, along with major transportation routes and employment centers throughout the city.

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Listing Snapshot
Price 
$1,195,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,312 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1537 Acres
Year Built 
1941
MLS® Number 
SB26049592
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
18 hours agoListing first seen on site
18 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.1537
Land Lease 
No
Number Of Stories 
1
Parking Spaces 
4
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3312
Water Source 
Public
Interior Features
Heating 
Central
Laundry Features 
None
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Exterior Features
Pool Features 
None
Community Features
Building Access 
Front
Community Features 
CurbsSuburbanSidewalks
Financing Terms Available 
CashConventionalContract
MLS Area 
C42 - Downtown L.A.


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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