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Listed by: Aaron Jacobson (310) 729-1559 DRE #02100737 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$1,195,000
6 Beds
- 5 Baths
--sqft
1267 E 56Th St, Los Angeles, CA 90011
$1,195,000
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Quadruplex
Built in 1940
$-- HOA
5,392 sqft lot
--/sqft
Description
1267 E 56th Street presents an opportunity to acquire a
stable, income-producing four-unit property in the heart
of Los Angeles. Spread across 2,066 square feet on a 5,392
square foot lot, the property features a well-balanced unit
mix of (3) 1 Bedroom/1 Bath units and (1) 3 Bedroom/2
Bath unit.
The asset generates a strong $10,164 in monthly rental
income, supported entirely by Section 8 tenancy,
providing investors with secure, government-backed rent
payments and exceptional income reliability. With an
impressive 7.87% cap rate and 9.80 GRM, this property
stands out as a high-yield investment with dependable
performance and minimal collection ris...
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
- sqft
Lot Size
5,392 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB25269968
MLS Status
Active
Days on Market
18
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