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$ 1,485,000
Est. payment /mo
Price Dropped by $90K
6006 Overhill Drive Los Angeles, CA 90043
1 Bed
7,524 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25202494
Bedrooms 1
Lot Size 7,524 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
First time on the market in over 41 years. Current rents are substantially below market rent, providing tremendous rental income upside for the Buyer. More upside revenue potential with the Laundry Room. Currently, there the laundry machines are free of charge to the tenants. Rare private garages for each tenant. Another potential source of additional income. RECENT IMPROVEMENTS: All new garage doors installed April 2024. New roof installed March 2018. Upgraded electrical panel and system. Proforma Cap Rate is 7.33% Request offering memorandum from broker for complete details.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Overhill Drive and 60th Street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4003011002
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Virtual Tour https://property.creop.com/40177/
Listed by John Gessford Lee & Associates Realty Group
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