Welcome to 1571 E 118th St, Los Angeles, CA 90059 — a cash-flowing investment property located in the heart of South Los Angeles. This well-maintained multi-unit property generates an impressive $8,000/month in rental income, making it ideal for investors seeking strong returns from day one. The property features two spacious units, both occupied with long-term tenants, and a 3-car garage that has been converted into a 1 bed / 1 bath studio (un-permitted). The studio offers additional rental potential or the opportunity to explore ADU legalization for even greater upside. Set on a large 6,859 sq. ft. lot, this property offers ample parking and flexible use options. All units are separately metered, providing cost efficiency and control. Located near major freeways, shopping, and public transportation, this property is perfectly positioned within a high-demand rental corridor of Los Angeles. Investors will appreciate the steady rental market, consistent appreciation, and future upside this property provides. Don’t miss this opportunity to secure a high-yield, cash-flowing asset with built-in upside in one of L.A.’s most promising submarkets.
Listing courtesy of Listing Agent: KEVIN CALDERON (kevincalderonre@gmail.com) from Listing Office: ROA CALIFORNIA INC..
Listing sold by General NONMEMBER from NONMEMBER MRML
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.