Courtesy of: Frank Ilderem, First Alliance Mortgage Corp, filderem2@yahoo.com
Courtesy of: Frank Ilderem, First Alliance Mortgage Corp, filderem2@yahoo.com
$1,550,000
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15 bed
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8.00 Bath (8 Full)
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Lot: 0.71 Acres
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Other
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$1,550,000
38605 E 25th St East Street Spectacular turnkey 4 unit investment. OR FHA as one unit may be delivered vacant.This Fully remodeled property spans 15 bedrooms and 8 bathrooms. Generating $146, 000+ in gross annual rent. Each unit features recessed lighting, custom closets, upgraded fireplaces and 2 car garages with custom storage. Two units include new Ac/Heating systems: two units have in garage washer and dryers, other two units have designated laundry areas. Residents enjoy private enclosed backyards and ample cul-de-sac parking, plus park like grounds with possibly, potential for expansion. Situated in an Opportunity Zone with no City of LA rent control, rents can rise up to 8.9% annually underAB-1482. Fully occupied ( three section 8 tenants) this asset delivers stable cash flow, minimal vacancy risk, and long-term appreciation.
Courtesy of: Frank Ilderem, First Alliance Mortgage Corp, filderem2@yahoo.com
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