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1619 Cimarron Street

Los Angeles (City), CA 90019
  • $1,375,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: 24352075
Price Reduced
UPDATED: 19 min ago
$1,375,000
  • 4
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,164
    SQFT
  • $330
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Listing Agent(s): Anna Marie Simpliciano of Carolwood Estates (310-623-3600)


Description

Welcome to this exceptional investment opportunity in the heart of Arlington Heights. With the area's thriving rental market, this charming 4-plex boasts four 1-bedroom, 1-bathroom units, each spanning approximately 1000 square feet. Each expansive unit is equipped with hardwood or laminate wood floors throughout and laundry hookups for added convenience. Two of the units have been tastefully renovated within the past decade, while the remaining units are in need of updates. Situated on a pride of ownership street, this property is ideally located close to public transportation and a variety of restaurants, making it a highly desirable rental location. PLEASE DO NOT DISTURB TENANTS

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-24T19:35:08.213. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
www.reiferhomes.com/homes/146984520
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1619 Cimarron Street Los Angeles (City), CA 90019

  • Price: $1,375,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 19 min ago
  • ID#: 24352075
4
Beds
0
Baths
0
½ Baths
0.11
Acres
4,164
SQFT
$330
$/SQFT
1920
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
Welcome to this exceptional investment opportunity in the heart of Arlington Heights. With the area's thriving rental market, this charming 4-plex boasts four 1-bedroom, 1-bathroom units, each spanning approximately 1000 square feet. Each expansive unit is equipped with hardwood or laminate wood floors throughout and laundry hookups for added convenience. Two of the units have been tastefully renovated within the past decade, while the remaining units are in need of updates. Situated on a pride of ownership street, this property is ideally located close to public transportation and a variety of restaurants, making it a highly desirable rental location. PLEASE DO NOT DISTURB TENANTS
Exterior Features

Architectural Style Georgian Parking Features None Parking Total 0

Interior Features

Appliances Disposal Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 3.5 Gross Income 70800 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 50975 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-24T19:35:08.213. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
 
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COMPASS
6930 Indiana Ave, Suite 1
Riverside CA, 92506
Listing Agent(s): Anna Marie Simpliciano of Carolwood Estates (310-623-3600)