Listed by Julio Ruiz of Global Platinum Properties,Inc.
Huge ~200k Price Reduction! 6-unit value-add building with 12 parking spaces cash flowing at a 6% Cap Rate from day 1 with upside to an 11.3% Cap on Proforma! Fully Approved RTI plans to add 6 detached ADUs to achieve an incredible 12.9% Current Cap Rate, 16% Proforma Cap, and only 149k/unit after taking into account all the construction costs (~670k assuming $250/SF). 3 units have been renovated and boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, newer roof, new windows for all units, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Prime location just minutes away from Downtown LA, USC, BMO Stadium, George Lucas' Billion Dollar Museum, and Exposition Park where 2028 Olympics will be held!

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Based on information submitted to CRMLS as of May 20, 2026 10:51 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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