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$1,735,000
Est. payment /mo
5 Beds
5,992 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25198967
Bedrooms 5
Lot Size 5,992 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Exchange
Property Type Res Income 2-4 Units
Property Description
The Grand Finale of a Coveted Trio of Properties. Two have sold, one left with this last opportunity. Built in 2022, this is a 3 bed/2.5 bath Single Family Home (25628 Rolling Hills Way) with an attached 2 bed/2.5 bath ADU (25630 Rolling Hills Way). Property is currently operating like an income-producing duplex, with both units tenant-occupied on month-to-month leases. The main house is currently renting for $5,000/month (proforma $5,500/month) and the ADU for $3,750/month (proforma $4,100/month). Current gross scheduled income is $105,000 (4.75 CAP), which rises to $115,200 (5.34 proforma CAP) if proforma rent increases were implemented. Low operating expenses of $22,578, including new taxes. Low expenses, strong income, and tenant stability: a compelling turnkey investment opportunity.
Location
State CA
County Los Angeles
Zoning Seller
Direction On Rolling Hills Way South of Hwy 1
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7536003037
Acceptable Financing Exchange
Listing Terms Exchange
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Listed by Darin DeRenzis Vista Sotheby’s International Realty
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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