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$900,000
Est. payment /mo
4 Beds
4 Baths
2,130 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,130 sqft
Price per Sqft $422
MLS Listing ID 26102487
Bedrooms 4
HOA Y/N No
Year Built 1922
Lot Size 5,980 Sqft
Property Description
Exclusive new 4-unit in Vermont Square near USC and Exposition Park. The Seller is offering seller carried financing for 2 years at 4.0% interest only and 25% down, producing an immediate cash-on-cash return of over 10.3%. At the Asking Price of $900k, this deal represents the lowest Price per unit for any 4-unit or Duplex sold in the 90062 zip code since Jan 2025. All tenants are market rate and not on subsidized payment structures and actual expenses are extremely low. Tenants are responsible for electric, gas, and trash reducing the owner's expenses. Pricing and cash flow include professional management fees (optional).
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR2
Interior
Heating None
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Uncovered
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5003008017
Financing Cash,Seller Financing
Special Listing Condition Standard
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Listed by Demis Dokhanian JNM Realty, INC. #01940496
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