3500 Cimarron Street
Los Angeles, CA, 90018
$1,450,000
Beds
0 Baths
SqFt
0.13 Acres
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We’re excited to present 3500 Cimarron St, a prime investment opportunity offering a low-maintenance addition to your portfolio. This property features three units, each with two (2) bedrooms and one (1) bathroom. It also includes a spacious parking area with the potential to add an ADU for additional income (buyer to verify). The property was just painted, had new heating systems installed, re-roofed in 2017 and 2/3 of the units have been updated. Fully occupied and generating a total monthly income of $8,464 (rental increases available for all units at the beginning of next year) and minimal expenses, Cimarron is located in a thriving, up-and-coming area that promises future growth and development opportunities for any buyer. Please do not disturb the tenants.

Property Details

Price:
$1,450,000
MLS #:
24422163
Status:
Active
Baths:
0
Address:
3500 Cimarron Street
Type:
Residential Income
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Aug 2, 2024
State:
CA
ZIP:
90018
Lot Size:
5,489 sqft / 0.13 acres (approx)
Year Built:
1945
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Interior

Appliances
Refrigerator

Exterior

Parking Features
Assigned, Driveway
Parking Spots
3.00
Stories Total
2

Financial

Tenant Pays
Cable T V, Electricity, Gas

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3500 Cimarron Street
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