11008 Willowbrook Ave - Multi-Family FOR SALE


Los Angeles, CA 90059- Willowbrook
$595,000 USD
510-468-7404
11008 Willowbrook Ave, Los Angeles, CA for Sale
$595,000 USD
Multi-Family - FOR SALE
1/25
null | 7.01% Cap Rate

11008 Willowbrook Ave
Los Angeles, CA 90059
Willowbrook


HIGHLIGHTS

  • 1 Unit DELIVERED VACANT at close of Escrow.
  • ALL Utilities paid by tenants (Separately Metered).
  • Amazing Owner-User Opportunity!

OVERVIEW

1 Unit DELIVERED VACANT at close of Escrow. ALL Utilities paid by tenants (Separately Metered). Two separate single level homes on one lot offering flexibility for Owner Occupy or income use. The front residence of approximately 1,055 square feet will be delivered VACANT at close of escrow and features a two bedroom one bath layout with tasteful updates throughout, allowing for immediate move in. The rear home of approximately 1,101 square feet is also configured as two bedrooms and one bath and is currently rented at $1,190 per month, providing in place income. Built in 1947, the property sits on an approximately 6,200 square foot parcel with private drive access and substantial on site parking. All utilities including water, trash, gas, and electricity are paid by the occupants, resulting in no landlord utility expense. The layout offers clear separation between residences, making it well suited for an owner occupant seeking privacy while maintaining rental income.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$276 USD /SF

# OF UNITS

2

PRICE/UNIT

$297,500

CAP RATE

7.01%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Chandler RockwellFred Leeds PropertiesMore Info
510-468-7404

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Chandler RockwellFred Leeds PropertiesMore Info
510-468-7404

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.