17
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$750,000
Est. payment /mo
5 Beds
5 Baths
3,712 SqFt
New
960 Simmons AVE Los Angeles, CA 90022
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,712 sqft
Price per Sqft $202
MLS Listing ID 26640239
Bedrooms 5
HOA Y/N No
Year Built 1930
Lot Size 5,035 Sqft
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 Ela - East Los Angeles
Zoning LCR3YY
Interior
Fireplace No
Exterior
Garage Spaces 1.0
Garage Description 1.0
Total Parking Spaces 1
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6339004009
Special Listing Condition Standard
Listed by Shant Sherbetdjian Remax Commercial and Investment Realty
NEARBY SCHOOL & BUSINESS
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