4613 Twining

  • $549,000
Sold Los Angeles, El Sereno
4613 Twining St, Los Angeles, CA 90032
  • Multifamily
  • Property Type
  • 2
  • Number of Units
  • 7.35
  • Cap Rate
  • 10.97
  • GRM
  • $274,500
  • Price/Unit

Overview

  • Multifamily
  • Property Type
  • 2
  • Number of Units
  • 7.35
  • Cap Rate
  • 10.97
  • GRM
  • $274,500
  • Price/Unit

Description

This fantastic duplex in up and coming El Sereno is an incredible opportunity for an owner/user or investor wanting passive income.

The building includes two 2 bedroom/1 bath units and four parking spaces. One unit has been completely renovated and is currently vacant. The other unit is leased to long term tenants. Centrally located, the property sits around the corner from Glassell Park, Highland Park, and DTLA and is in easy reach of the 710, 10, 5, and 110 freeways.

Priced to sell quickly, the building has the potential to achieve an incredible GRM of 10.96 when fully rented at market. With every conceivable amenity within reach, this property will surely shine as the crown jewel in your investor portfolio. Seller is highly motivated so put in your offers today!

Details

  • Property Type: Multifamily
  • Property Status: Sold
  • Property Size: 1,566 Sq Ft
  • Lot Size: 4,707 Sq Ft
  • Bedrooms: 4
  • Bathrooms: 2
  • Year Built: 1964
  • Price: $549,000
  • Number of Units: 2
  • Price/Unit: $274,500
  • GRM: 10.97
  • Price/SqFt: $351
  • CAP: 7.35
  • Address 4613 Twining St
  • City Los Angeles
  • State/county California
  • Zip/Postal Code 90032
  • Area El Sereno

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