8946 Baring Cross St - Multi-Family FOR SALE


Los Angeles, CA 90044- South Central LA
$1,200,000 USD
213-277-8895
8946 Baring Cross St, Los Angeles, CA for Sale
$1,200,000 USD
Multi-Family - FOR SALE
1/12
null | 5.68% Cap Rate

8946 Baring Cross St
Los Angeles, CA 90044
South Central LA


HIGHLIGHTS

  • Charming 4 units- Great Unit Mix
  • Easy Access to FWY 110
  • Great Cash Flow with Section 8 Tenants

OVERVIEW

Coldwell Banker Realty is pleased to present the opportunity to acquire a Four-unit apartment building located in the Vermont Vista neighborhood in Los Angeles. Built in 1955, the property features a unit mix: 2 two-bedroom, one-bathroom units and 2 one-bedroom, one-bathroom unit. Gas and electricity are separately metered, while water is master metered. The building’s units are occupied by Section 8 tenants, ensuring strong cash flow and reducing the risk of non-payment. The property offers easy access to public transportation and adjacent to the 110 Freeway. Additionally, it is approximately 3 miles from the Downtown Inglewood Entertainment District, home to SoFi Stadium, Intuit Dome, and the Hollywood Park development. Located less than half a mile from the Algin Sutton Recreation Center, residents can enjoy amenities such as tennis and basket- ball courts, baseball and soccer fields, fitness zones, play areas, and swimming pools. Don’t miss out on this cash-flowing investment opportunity!

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$531 USD /SF

# OF UNITS

4

PRICE/UNIT

$300,000

CAP RATE

5.68%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Great Cash Flow- Easy Management

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

6038-018-039

ASK ABOUT THIS PROPERTY

Bo KimColdwell Banker Commercial RealtyMore Info
213-277-8895

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Bo KimColdwell Banker Commercial RealtyMore Info
213-277-8895

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