LP.com

Excellent Rental Opportunity with high rents and an unheard-of cap rate in Los Angeles, coming in at over 7%! 3 Separate-detached units, completely remolded, new floors, windows, electrical, plumbing, roofs, vinyl fencing, corner lot with ample parking, and most importantly, high-paying section 8 tenants. This is a turnkey investment, with no overhead for the owner outside of landscape, insurance and taxes. This is perfect for a 1031 exchange, exchanging maybe a lower income producing, high maintenance property to something like this where all you have to do is buy it, and money will come in! Private exclusive for now. Generating 8200 in gross rents! Property is a duplex + a permitted ADU making it 3 units!