Courtesy of: Gustavo Arias, First Team Real Estate, GustavoArias@firstteam.com
Courtesy of: Gustavo Arias, First Team Real Estate, GustavoArias@firstteam.com
$999,900
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5 bed
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5.00 Bath (5 Full)
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Lot: 5,001.00 Square Feet
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Other
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$999,900
629 W 8th W The seller, listing agent, and broker look forward to cooperating with your offer. 629-633 W 8th San Pedro | 6.56% In-Place Cap | 7.82% Pro Forma | Owner-User Optional One unit available for showing by appointment. Please do not disturb tenants. Seller is motivated and actively seeking a near-term transaction! Flexible on structure and willing to consider terms that can materially improve buyer economics, depending on the offer. Buyers' agents are encouraged to contact me directly to discuss exciting potential structuring options and additional considerations. All offers are subject to interior inspection. Submit with proof of funds and pre-approval. Contact the listing agent for OM, rent roll, and additional financials. The property consists of 5 comfortable 1-bedroom/1-bath units, one unit is available for immediate flexibility for living in one and renting the others. The seller is flexible and, with the right offer, will consider a reduction of the buyer's interest rate. Call for details Located minutes from the newly developed waterfront, with restaurants, entertainment, and historic sites, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This stabilized asset offers both strong current yield and operational growth potential in one of Los Angeles' most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and optimal location. Portfolio Opportunity: This listing + 1945 W Vernon Los Angeles and 424 W108 Los Angeles Opportunity to acquire a small portfolio of well-located multifamily assets with strong in-place cash flow and clear upside. Properties can be purchased individually, together, or in any combination, for immediate scale. 424 W 108 Los Angeles, 900617.79 % current cap l 10.16 % potential 4 Units all 2-bedrooms, 1-bath, one unit is available for showing. Potential of the Owner living in one and renting the others (PW26069885) 1945 W Vernon (4 Units) 6.31% current cap | 7.79% potential Three 1-bedroom units plus one upgraded vacant 2-bedroom unit (PW26047544) Combined, these assets offer diversified income streams across two strong rental submarkets, with multiple paths to increase NOI through rent growth and operational improvements. Seller will prioritize well-structured offers and is open to considering terms that can enhance overall deal economics. Contact L.A for OM, and or details.
Courtesy of: Gustavo Arias, First Team Real Estate, GustavoArias@firstteam.com
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