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- LoopNet Team
126 E 99th St
Los Angeles, CA 90003
Multifamily Property For Sale
·
2 Units
INVESTMENT HIGHLIGHTS
- Gated property
- 2 free standing buildings
- Close to schools and transportation with easy access to the freeway and downtown
PROPERTY FACTS
| No. Units | 2 | Building Size | 2,112 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Lot Size | 0.12 AC | Year Built | 1929 |
| Zoning | LAR2 | ||
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.12 AC |
| Building Size | 2,112 SF |
| No. Stories | 1 |
| Year Built | 1929 |
| Zoning | LAR2 |
ABOUT 126 E 99TH ST , LOS ANGELES, CA 90003
Great opportunity to own an investment property with over 5.3% CAP rate in currently tight and popular commercial duplex market, with even more potential to generate more returns from rent improvement and management. This duplex features 2 free standing buildings. The front unit consists of 2 bedrooms and 1 bath plus a dining room and separate laundry room. The rear unit is a 3 bedroom / 2 bath with decorative fireplace and laundry inside. Built in 1929, however it was completely remodeled interior and exterior. Interior with new bathroom, new kitchen, new cabinet, new flooring, new painting, granite counter top, new laminated wood floor. This gated property is located close to schools and transportation with easy access to the freeway and downtown.What a great investment opportunity in Los Angeles!!!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $1,400 | - |
| 3+2 | 1 | $2,000 | - |
