3500 Cimarron ST Active

Los Angeles,CA 90018

$ 1450000

6 Beds

3 Baths

2484 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,484 sqft

Price per Sqft $583

MLS Listing ID 24422163

Bedrooms 6

Year Built 1945

Lot Size 5,488 Sqft

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 Phht - Park Hills Heights

Zoning LAR2

Exterior

Parking Features Assigned,Driveway

Building

Story 2

New Construction No

Others

Special Listing Condition Standard

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