3634 Lanfranco, Los Angeles, CA 90063

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Listed by Sang Ur, from Redfin Corporation
(If provided) CoList: from

List Price
$1,250,000
MLS#
CRPF26191619
Status
ACTIVE
Lot Size
7,432
Listing Area
699 - Not Defined

Property Description

Incredible Cash-Flowing 4-Plex with Value-Add Upside & 8 Parking Spaces! Attention investors! Don't miss this exceptional four-unit income-producing property situated on a spacious 7,432 sq. ft. lot in East Los Angeles (90063). The desirable unit mix includes one large 3-bedroom/2-bath unit, one 3-bedroom/1-bath unit, and two 2-bedroom/1-bath units. The property also offers a landlord-friendly expense structure. All four units are separately metered for gas and electricity, and tenants pay for gas, electricity, and trash. The landlord is primarily responsible for water. A major highlight is the large, gated parking area with 8 dedicated parking spaces, a significant advantage in this high-demand rental market. Located in a quiet and developing East Los Angeles neighborhood with convenient access to major freeways, shopping, dining, Citadel Outlets, and Downtown Los Angeles. An excellent opportunity for investors seeking a strong cash-flowing asset, future upside, or a potential 1031 exchange replacement property.

Additional Information

Amenities
Other
Cooling System
Other
Garage Parking
Other
Heating System
Other
Lot Size
7,432
Neighborhood
699 - Not Defined
Numberof Units
4
Pool Description
31, None
Roof
Other, Composition
Style
Other
Unincorporated Yn
Yes

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Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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