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$3,200,000
Est. payment /mo
15,630 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 15,630 sqft
Price per Sqft $204
MLS Listing ID CL25535855
HOA Y/N No
Year Built 1976
Lot Size 0.585 Acres
Acres 0.59
Property Sub-Type Other
Property Description
9035 Cedros Ave presents an exceptional multifamily investment opportunity in a strong rental submarket. The property is comprised of sixteen spacious 2-bedroom, 1-bath units and two large 3-bedroom, 1.5-bath units, making it well-suited for both small families and larger households. Residents benefit from gated entry and secured parking, providing enhanced safety and peace of mind. On-site laundry facilities add convenience and offer an additional income stream for ownership. Located in a high-demand area with consistently low vacancy rates, the property enjoys excellent accessibility to the 405, 5, and 118 freewaysan attractive feature for commuting tenants. With significant upside potential, investors have the opportunity to add value through interior renovations and rent increases to market levels, making this a compelling asset for both short-term gains and long-term portfolio growth.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 2651012011
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Listed by Tony Azzi • Tony Azzi