This beautifully maintained property features two duplexes comprising a total of four units, offering an exceptional investment opportunity for those seeking stable, long-term rental income.
Built in 2022, each thoughtfully designed building offers 3-bedroom, 2.5-bathroom floor plan with a modern floor concept , and a 2 bedroom +office floor open-concept layout that combines comfort, style, and functionality. The main level features bright and inviting living spaces with a open layout ,kitchen and dining and a powder room, while all three bedrooms are conveniently located upstairs providing privacy. In unit Laundry Hook ups, Central cooling and heating, tankless water heaters.
Designed with both tenants and investors in mind, each unit is individually metered for gas, electricity, and water, allowing for simplified utility management. The property also features a gated entry, with each unit benefiting from two assigned tandem parking spaces within the gated area, providing added convenience and security.
All four units are currently occupied by long-term tenants, offering immediate rental income from day one. With newer construction, well-maintained interiors, and practical floor plans, this property presents an attractive, low-maintenance investment opportunity.
Whether you're looking to expand your real estate portfolio or acquire a newer income-producing property, this offering combines modern construction, established tenancy, and long-term investment potential. Potential to add an ADU at the back Which is another plus!
Property Sub Type:
Condominium
Property Attached:
Yes
Lot Area:
6,966 sq. ft.647 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
2022
(Age: 4)
General Listing Location:
Harbor City, 124 - Harbor City
County Or Parish:
Los Angeles
Tenant Pays:
All Utilities
Common Interest:
Condominium
Gross Income:
$153,600
Gross Scheduled Income:
$153,600
Net Operating Income:
$106,374
Cap Rate %:
4.47
Rent Control:
No
Total Actual Rent:
$12,700
Association Fee:
$0
Land Lease:
No
Gardener expense:
1200.0
Insurance Expense:
$3,677.8
Operating Expense:
$15,953.6
Trash Expense:
$0
Vacancy Allowance:
$4,608
Tax Lot:
1
Tax Block:
6
Lomita Blvd to Senator Ave
Floor
Type
Size
Other
-
Bedroom
Measurements not available
All Bedrooms Up
View:
None
Number of Buildings:
2
# of Electric Meters:
4
# of Gas Meters:
4
# of Water Meters:
4
# Units Leased:
4
Community Features:
Biking, Sidewalks, Gated
Senior Community:
No
Interior Features:
Recessed Lighting, All Bedrooms Up
Laundry Features:
Washer Hookup, Gas Dryer Hookup, Laundry Closet, Stacked