Amazing 4 PLEX!! Fully Rented, HUGE LOT on Over 1/2 acre, 29,746, with potential to add ADU or more, check with city permit dept.
All 4 units are Single family detached, 3 units have attached 1 car garages. Property has undergone complete renovations. Newer kitchens, bathrooms, flooring, wall heaters, garage doors, electrical panels, dual paned windows, some fencing redone. This is a great investment property!
Cap rate is 4.48%. 1 tenant is Section 8, LACDA pays on time direct deposit. All tenants pay on time, all very good tenants.
Each house is individually metered for water, gas and electricity, tenants pay for that. Owner pays trash, but trash bill is separate for each house and could be passed on to tenant to pay. Each home has its own laundry. Subject to interior inspection with accepted offer.
Complete addresses are: 11904 (front house) 11904 1/2, 11906, 11906 1/2 (very back house) Interior photos are of back house, 11906 1/2, taken appx. 1 year ago.