Los Angeles, CA 90018,3500 Cimarron St
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Los Angeles, CA 90018,3500 Cimarron St
Los Angeles, CA 90018,3500 Cimarron St
Los Angeles, CA 90018,3500 Cimarron St
Los Angeles, CA 90018,3500 Cimarron St
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$ 1,450,000
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3500 Cimarron St Los Angeles, CA 90018

6 Beds

3 Baths

2,484 SqFt


UPDATED:

08/22/2024 08:33 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,484 sqft

Price per Sqft $583

MLS Listing ID 24-422163

Bedrooms 6

Year Built 1945

Lot Size 5,489 Sqft

Acres 0.126

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 Park Hills Heights

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Refrigerator, Range/Oven

Exterior

Garage Assigned, Driveway Gate, Driveway

Garage Spaces 3.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Skylight Real Estate Advisors, Inc.

GUIDE SoCal

Broker | License ID: DRE#01976964

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3500 Cimarron St