3500 Cimarron Street, Los Angeles, CA 90018
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Listed Price :
$1,450,000
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Beds :
6
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Baths :
3
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Property Size :
2,484 sqft
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Year Built :
1945
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.
Interior Features
| Bedroom Information |
| Bedrooms |
6 |
| Bathroom Information |
| Bathrooms |
3 |
Listing Information
| Address |
3500 Cimarron Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90018 |
| County |
Los Angeles |
| Listing Agent |
Austin Muller DRE #01931334 |
| Courtesy Of |
Skylight Real Estate Advisors, Inc. |
| List Price |
$1,450,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
2,484 |
| Lot Size |
5,489 |
| Year Built |
1945 |
Listing information courtesy of: Austin Muller, Skylight Real Estate Advisors, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 22nd, 2024 at 8:45 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
