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$1,450,000

Beds
6
sq ft
2,484

3500 Cimarron St, Los Angeles, CA 90018

3500 Cimarron St

Los Angeles, CA 90018

  • 48 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

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: 09/20/2024 at 5:35 AM

Listing updated: 08/22/2024 at 1:53 PM

Listed by: Austin Muller, Skylight Real Estate Advisors, Inc. Phone #: (310) 592-0833

MLS: CLAW #24422163

CLAW logo

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