3500 Cimarron St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90018
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,484 sqft
Price per Sqft $583
MLS Listing ID 24-422163
Bedrooms 6
Year Built 1945
Lot Size 5,489 Sqft
Acres 0.126
Property Description
We're excited to present 3500 Cimarron St, a prime investment opportunity offering a low-maintenance addition to your portfolio. This property features three units, each with two (2) bedrooms and one (1) bathroom. It also includes a spacious parking area with the potential to add an ADU for additional income (buyer to verify). The property was just painted, had new heating systems installed, re-roofed in 2017 and 2/3 of the units have been updated. Fully occupied and generating a total monthly income of $8,464 (rental increases available for all units at the beginning of next year) and minimal expenses, Cimarron is located in a thriving, up-and-coming area that promises future growth and development opportunities for any buyer. Please do not disturb the tenants.
Location
State CA
County Los Angeles
Area Park Hills Heights
Zoning LAR2
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment Refrigerator, Range/Oven
Exterior
Parking Features Assigned, Driveway Gate, Driveway
Garage Spaces 3.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard