Los Angeles, CA 90022,960 Simmons Ave
Los Angeles, CA 90022,960 Simmons Ave
Los Angeles, CA 90022,960 Simmons Ave
17
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$750,000
Est. payment /mo
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5 Beds
5 Baths
3,712 SqFt
Active

960 Simmons Ave Los Angeles, CA 90022

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,712 sqft

Price per Sqft $202

MLS Listing ID 26640239

Bedrooms 5

Year Built 1930

Lot Size 5,035 Sqft

Acres 0.1156

Property Sub-Type Multi-Family

Property Description

We are pleased to present, for the first time on the market in 38 years, a 5 Unit multifamily investment opportunity offered at $750,000, an attractive $150,000 per unit. The property features a desirable unit mix consisting of four spacious 1 Bed / 1 Bath units plus a separate 1 Bed / 1 Bath single-family residence. The fourplex units average approximately 800 square feet each, offering larger-than-typical layouts that appeal to long-term tenants. The property is separately metered for gas and electricity, reducing owner expenses and supporting efficient operations. This asset presents a compelling value-add opportunity for investors seeking upside through rental growth and operational improvements. Ideally located along the Whittier Boulevard corridor, the property enjoys a highly walkable setting with convenient access to shops, dining, and neighborhood amenities. Commuters benefit from excellent freeway access, with close proximity to the 60, 5, and 710 Freeways. Situated in Unincorporated Los Angeles County, the property is subject to the Unincorporated LA County Rent Ordinance.

Location

State CA

County Los Angeles

Area East La

Zoning LCR3YY

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Garage Spaces 1.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty

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Jennifer Stuart

Jennifer Stuart

Agent | RE.56321

+1(702) 265-4498

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960 Simmons Ave