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
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Refrigerator
Exterior
Parking Features
Assigned, Driveway
Parking Spots
3.00
Stories Total
2
Financial
Tenant Pays
Cable T V, Electricity, Gas
Map
Community
- Address3500 Cimarron Street Los Angeles CA
- AreaPHHT – Park Hills Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90018
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Courtesy of Skylight Real Estate Advisors, Inc.. 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.
3500 Cimarron Street
Los Angeles, CA
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