$1,450,000
3500 Cimarron ST Los Angeles, CA 90018
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$1,450,000
Est. payment /mo
6 BD
3 BA
2,484 SqFt
Active
3500 Cimarron ST Los Angeles, CA 90018
UPDATED:
09/30/2024 06:34 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,484 sqft
Price per Sqft $583
MLS Listing ID 24422163
Bedrooms 6
HOA Y/N No
Year Built 1945
Lot Size 5,488 Sqft
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 Phht - Park Hills Heights
Zoning LAR2
Interior
Fireplace No
Appliance Refrigerator
Exterior
Garage Assigned, Driveway
Parking Type Assigned, Driveway
Total Parking Spaces 3
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5042030043
Special Listing Condition Standard
Listed by Austin Muller • Skylight Real Estate Advisors, Inc.
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