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3329 Merced Street, Los Angeles, CA

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3329 Merced Street

Los Angeles, CA 90065 - Cypress Park MF Submarket

Property Type:Multi-Family Number of Units:5 Status:Existing Year Built:1921
Stories:1 Building Size:2,703 SF Land Area:.13 AC (5,597 SF)
For Sale Price:$748,000 Price/Unit:$149,600.00 Cap Rate:3.70 % GRM:-


Sale Notes:
SIG Commercial is proud to offer 3329 Merced Street a five unit apartment property located on a quiet residential street in the Cypress Park Neighborhood of Los Angeles. This property has five 1B +1B units all on one level in three separate structures, four cottages and house in the back. Each unit has its own water heater is individually metered for gas and electricity. Each cottage has main enterence. The property was built in 1921 and is impeccibly maintained by the current owners.

Rental upside (property is subject to rent controls)
Four Cottages and House in the Back
Manageable lot size with lush landscaping
Ample street parking for tenants
Separately metered for gas and electricity
Excellent location near the I-5 and Fwy 110 interchange

KW Commercial
Jag Singh
(626) 331-1234

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