1258 S Woods AV Los Angeles CA 90022 | MLS #OC26157924

Actual Cap Rate / 9.3 GRM!
This is a unique opportunity to acquire a 6 unit multifamily
property located in unincorporated LA.
Built in 1929, this Spanish style property is comprised of
two separate buildings totaling 4,186sf and comprised of
(6) large 1 bed/1 bath units, with decent layouts, full
kitchen & bath, roomy bedroom, washer/dryer hookups,
and One unit delivered VACANT and in rent ready
condition.
The current tenants have good rent histories, and the
property offers a strong stabilized investment with built in
upside in the rents in a high demand rental market.
On a 5,464sf size lot zoned LC-R4, there a total of 6
garages in the rear w/ alley access, providing an ideal
opportunity for an ADU conversion. Well located in East
Los Angeles near multiple freeways, and near Citadel
Outlets. This is a solid investment w/ true value add opportunity!