**Projected 7.2% Cap Rate** Welcome to a dream three unit investment opportunity. This brand new 2024 construction consists of two 4 bed 3 bath and one 3 bed 2 bath units, and will be delivered completely vacant! All three units come with parking, open concept kitchen/living/dining, and spacious bedrooms. This property provides a great income opportunity for an owner user or investor. Located conveniently near public transportation and the 110 freeway, this property will be very attractive on the rental market and easy to attract quality tenants. Do not miss this opportunity to capitalize on market rents and generate cash flow! *Note that photos are of similar nearby units*
Property Details
Price:
$1,599,500
MLS #:
24400169
Status:
Pending
Baths:
0
Address:
237 E 99th Street
Type:
Residential Income
Neighborhood:
c37metropolitansouth
City:
Los Angeles
Listed Date:
Jun 6, 2024
State:
CA
ZIP:
90003
Lot Size:
5,082 sqft / 0.12 acres (approx)
Year Built:
2024
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Schools
Interior
Cooling
None
Heating
Central
Exterior
Parking Features
Attached Carport
Parking Spots
4.00
Stories Total
2
Financial
Map
Community
- Address237 E 99th Street Los Angeles CA
- AreaC37 – Metropolitan South
- CityLos Angeles
- CountyLos Angeles
- Zip Code90003
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Courtesy of On Track Property. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.237 E 99th Street
Los Angeles, CA
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