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$ 1,150,000
Est. payment /mo
Active
1531 Cambria Street Los Angeles, CA 90017
7 Beds
2,496 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,496 sqft
Price per Sqft $460
MLS Listing ID CL26648307
Bedrooms 7
HOA Y/N No
Year Built 2006
Lot Size 3,825 Sqft
Acres 0.09
Property Sub-Type OTHER
Property Description
Fully Permitted Duplex 100% Occupied, Prime Central Location. This fully permitted two-unit apartment building offers an excellent investment opportunity with a strong 7.5% cap rate and immediate cash flow from day one. The property consists of: First Floor: 4 bedrooms / 2 bathrooms (currently owner-occupied), Second Floor: 4 bedrooms / 2 bathrooms (fully rented to four tenants). The upstairs unit features a shared kitchen and laundry area. One bedroom includes a private bathroom and shower, while the second bathroom is shared by the remaining three tenants. Parking space is available for up to four vehicles. Ideally located in the heart of Los Angeles, just minutes from LA Live, Crypto.com Arena (formerly Staples Center), the Financial District, Koreatown, Echo Park, and Filipinotown. The property offers excellent freeway access and proximity to major employment, dining, and entertainment hubs. Within distance to Starbucks, McDonald's, Panda Express, Bank of America ATM, and Good Samaritan Hospital.A short drive to 7th & Fig, Gold's Gym, Target, Zara, Nordstrom Rack, Ralphs, and LA Live.Also near cultural landmarks including Walt Disney Concert Hall, Dorothy Chandler Pavilion, The Broad Museum, LA Opera, Whole Foods Market, and FIDM.This is a rare opportunity to acquire a centra
Location
State CA
County Los Angeles
Zoning LAR4
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Laminate, Carpet
Fireplace No
Laundry Dryer, Washer
Exterior
View Y/N false
View None
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5142024007
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Listed by Henry Han • HBAR
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