$1,450,000
- Beds
- 6
- sq ft
- 2,484
3500 Cimarron St, Los Angeles, CA 90018
3500 Cimarron St
Los Angeles, CA 90018
- 97 days on market
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.
Details
Property type
Lot size
5,489 sq ft
Price per sq ft
$584
Year built
1945
HOA
No
Price History
08/02/2024
CLAW #24422163
Listed
$1,450,000
Schools & Community
Neighborhood:
South Los Angeles
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 11/08/2024 at 7:05 AM
Listing updated: 10/06/2024 at 9:20 AM
Listed by: Austin Muller, Skylight Real Estate Advisors, Inc. Phone #: (310) 592-0833
MLS: CLAW #24422163
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