1571 E 118th, Los Angeles, CA 90059

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Oct

Fri

Oct

Sat

Oct

Glen Henderson

[email protected] +1(619) 889-7646

$915,000

Est. payment - /mo

6 Beds

3 Baths

1,954 SqFt

Save

UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 1,954 sqft

Price per Sqft $468

MLS Listing ID IV25233881

Bedrooms 6

Full Baths 3

Year Built 1937

Lot Size 6,859 Sqft

Property Sub-Type Townhome

Property Type Townhome

Property Description

Welcome to 1571 E 118th St, Los Angeles, CA 90059 a cash-flowing investment property located in the heart of South Los Angeles. This well-maintained multi-unit property generates an impressive $8,000/month in rental income, making it ideal for investors seeking strong returns from day one. The property features two spacious units, both occupied with long-term tenants, and a 3-car garage that has been converted into a 1 bed / 1 bath studio (un-permitted). The studio offers additional rental potential or the opportunity to explore ADU legalization for even greater upside. Set on a large 6,859 sq. ft. lot, this property offers ample parking and flexible use options. All units are separately metered, providing cost efficiency and control. Located near major freeways, shopping, and public transportation, this property is perfectly positioned within a high-demand rental corridor of Los Angeles. Investors will appreciate the steady rental market, consistent appreciation, and future upside this property provides. Dont miss this opportunity to secure a high-yield, cash-flowing asset with built-in upside in one of L.A.s most promising submarkets.

Location

State CA

County Los Angeles

Direction Off of Compton ave

Interior

Cooling Central Forced Air

Fireplace No

Appliance Dryer, Washer

Laundry Electric, Gas, Washer Hookup, Gas & Electric Dryer HU

Exterior

View Y/N Yes

Water Access Desc Public

Building

Story 1

Sewer None

Water Public

Level or Stories 1

Others

Tax ID 6149010021

Special Listing Condition Standard

Read Less Info

Listed by KEVIN CALDERON ROA CALIFORNIA INC.

Get More Information

Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

1571 E 118th Los Angeles, CA 90059

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information