625 49th Street, Los Angeles
$1,148,000 - 10 Beds, 4 BathsMLS® # PW24080691
$1,295,000
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6.99% Cap Rate!
1267 E 56th St is a fantastic investment opportunity for any
investor or owner/user in a vibrant area of South Los
Angeles. This 4-plex with 2 new ADU units are operating
close to a 7% Cap Rate with current tenants in place.
Located in Historic South Central, this building boasts an
excellent unit mix of (3) 1-Bed/1-Bath, and (1) 3-Bed/2-
Bath, ideal for an owner/user.
Highlighted by a massive 3-Bed/2-Bath front unit, this
asset is ideal for an owner/user to live in a newly
remodeled unit and cash flow from the remaining
three. The offering presents any investor or owner/user
the opportunity to acquire an incredible 4-Plex in one of
LA’s quickly growing sub-pockets.
Notably, two of the 1-Bed/1-Bath units are newly
constructed ADUs, exempt from any rent control laws,
adding a valuable element to this investment
opportunity. The entire building has been renovated and
rented out at strong rents and will operate at a 7% cap
rate for an investor.
1267 E 56th St is located minutes from USC, Downtown LA,
Gilbert Lindsay Park, Exposition Park, Lucas Museum, Arts
District, as well as billions of dollars worth of development
in Downtown LA.
Lyon Stahl Investment Real Estate, Inc.
MLS® # PW24080691
MLS® # CV24072791
MLS® # CV24044554
Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 1:30am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.