Los Angeles, CA 90018,3500 Cimarron ST
Los Angeles, CA 90018,3500 Cimarron ST
Los Angeles, CA 90018,3500 Cimarron ST
12
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$1,450,000
Est. payment /mo
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6 BD
3 BA
2,484 SqFt
Active

3500 Cimarron ST Los Angeles, CA 90018

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UPDATED:

09/30/2024 06:34 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,484 sqft

Price per Sqft $583

MLS Listing ID 24422163

Bedrooms 6

HOA Y/N No

Year Built 1945

Lot Size 5,488 Sqft

Property Description

We're excited to present 3500 Cimarron St, a prime investment opportunity offering a low-maintenance addition to your portfolio. This property features three units, each with two (2) bedrooms and one (1) bathroom. It also includes a spacious parking area with the potential to add an ADU for additional income (buyer to verify). The property was just painted, had new heating systems installed, re-roofed in 2017 and 2/3 of the units have been updated. Fully occupied and generating a total monthly income of $8,464 (rental increases available for all units at the beginning of next year) and minimal expenses, Cimarron is located in a thriving, up-and-coming area that promises future growth and development opportunities for any buyer. Please do not disturb the tenants.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR2

Interior

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Assigned, Driveway

Total Parking Spaces 3

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5042030043

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Austin Muller • Skylight Real Estate Advisors, Inc.

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Jacklyn Lamkin Dougan

Agent | License ID: 01797149

+1(619) 957-0600

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3500 Cimarron ST