338 E 99th, Los Angeles, CA 90003

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List Price
$1,150,000
Status
ACTIVE
MLS#
IG26190967
Year Built
1965
Lot Size
5,087
Acres
0.12
Lot Location
Front Yard, Sprinklers In Front, Landscaped, Yard
Days on Market
46
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Excellent investment opportunity to acquire a four-unit income-producing property in Los Angeles! The property consists of four 2-bedroom, 1-bathroom units, each featuring a stackable washer and dryer, stove, microwave, and refrigerator. Additional features include gated rear parking with four uncovered parking spaces. All four units are currently tenant-occupied, providing an established rental income stream with potential for future improvements and long-term investment growth. Conveniently located near schools, shopping, public transportation, and major freeways. Property is subject to Los Angeles Rent Stabilization Ordinance (RSO) regulations. Buyer to independently verify square footage, permits, zoning, and other property-specific information.

Additional Information

Appliances
Gas Range, Microwave, Refrigerator, Water Heater
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Exterior Construction
Drywall, Stucco
Sewer
Public Sewer
Water
Public
Interior Features
Unfurnished
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$120,816
Operating Expense
17345

Listing courtesy of Listing Agent: Chalae Walker (kaaniya1973@gmail.com) from Listing Office: Real Broker.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.