$1,500,000
For Sale

7111 Cimarron Street

Los Angeles, CA 90047
0.13 acres | #SR25002514
Listing OfficeKeller Williams Realty Antelope Valley
Browse 7 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Fantastic investment opportunity to own 8 unit building in south Los Angeles. The property is conveniently located on the corner of Florence Ave and walking distance to restaurants and shopping. Property features upstairs and downstairs units, 5 of the units are open one bedroom studios and the remaining 3 units feature one bedroom one bath. Property is gated in the front creating a beautiful courtyard and rooftop balcony for entertaining or relaxation for all tenants. Location is close to LAX airport, SoFi Stadium, Kia Forum and 13 miles from the coastline and beach. Potential upside via renovations to maximize long term investment.

  • Property Details
      • Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
      • Lot DescriptionSixToTenUnitsAcre
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,500,000
      • MLS #SR25002514
      • MLS #SR25002514
      • Property SubtypeMixedUse
      • Cost1500000
      • Acres0.1295
      • Utility SourcePublic
      • Year Built1956
      • FoundationSlab
      • Stories2
      • Parking Spaces4

Location

Shane FalkensteinReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00

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