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$ 770,000
Est. payment | /mo
4 Beds
3 Baths
1,780 SqFt
$ 770,000
Est. payment | /mo
4 Beds
3 Baths
1,780 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,780 sqft
Price per Sqft $432
MLS Listing ID 25580629
Bedrooms 4
HOA Y/N No
Year Built 1938
Lot Size 5,127 Sqft
Property Description
8801 Baring Cross St | Triplex in South Los Angeles. 1960s three-unit property on a 5,129 SF lot with ~1,780 SF of living area; efficient layouts with (3) 2-bed / 1-bath units Two units may be delivered vacant at close, allowing immediate lease-up at market rents or owner-occupancy with favorable 14 unit financing Three garages with rare ADU conversion potential plus three off-street parking spaces Sub$800k price point with an ~8.04% current cap and ~8.74% pro forma; strong tenant demand and long-term upside in an affordable, high-renter submarket
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LARD3
Interior
Heating None
Fireplace No
Exterior
Parking Features Door-Multi, Garage
Total Parking Spaces 3
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6038021014
Special Listing Condition Standard
Listed by Taylor Avakian Lyon Stahl Investment Real Estate, Inc.
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Escrow Joe
Realtor® | Lic# 01332311