Listing Broker: TREC HOMES INC.
Listing Agent: Brent Lippincott
DRE #01954054: 01729047
909-917-4883
ATTENTION INVESTORS! RARE 6-UNIT VALUE-ADD OPPORTUNITY WITH SELLER FINANCING AVAILABLE AT 5.5% INTEREST!
Excellent opportunity to acquire a 6-unit multifamily investment property in the heart of Los Angeles with tremendous upside potential! This property offers an attractive unit mix consisting of two 1-bedroom units, two 2-bedroom units, and two spacious 3-bedroom units, providing a diverse rental portfolio with strong income potential.
The property is in need of repairs and updating, making it an ideal opportunity for investors looking to renovate, reposition, and maximize rental income while building long-term equity. With six units and a desirable mix of bedroom configurations, this property presents an excellent opportunity for a value-add investment strategy.
MAJOR BONUS — SELLER FINANCING AVAILABLE AT 5.5% INTEREST! The owner is willing to carry a note at an attractive 5.5% interest rate, subject to mutually agreed-upon terms and buyer qualification. This unique financing opportunity may allow investors to acquire the property with favorable financing while executing their renovation and improvement plans.
Conveniently located in Los Angeles with access to employment centers, shopping, dining, public transportation, and major commuter routes.
BRING YOUR CONTRACTORS AND YOUR VISION! Whether you're an experienced multifamily investor or looking to expand your rental portfolio, this property offers the combination of multiple income-producing units, renovation potential, and attractive seller financing.
SIX UNITS! VALUE-ADD POTENTIAL! SELLER FINANCING AT 5.5%! DON'T MISS THIS INVESTMENT OPPORTUNITY!
| Listing Id: | CV26222517 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Lot Size Acres: | 0.2143 |
| Waterfront?: | No |
| Year Built: | 1925 |
| Basement Yn: | No |
| Building Area Units: | SquareFeet |
| Common Walls: | TwoCommonWallsOrMore |
| Electric Expense: | $2,500 |
| Entry Level: | 1 |
| Fuel Expense: | 0.0 |
| Gross Scheduled Income: | $172,800 |
| Listing Contract Date: | 2026-10-13 |
| Lot Features: | SlopedDown, FrontYard |
| Lot Size Area: | 9337.0 |
| Lot Size Source: | Assessor |
| Maintenance Expense: | $3,000 |
| Net Operating Income: | $52,400 |
| Number Of Separate Electric Meters: | 7 |
| Number Of Separate Water Meters: | 1 |
| Number Of Units Leased: | 6 |
| Property Attached?: | Yes |
| Rent Control?: | Yes |
| State Or Province: | CA |
| Trash Expense: | $4,000 |
| Water Source: | Public |
| Property Sub Type Additional: | Apartment |
| Country Subdivision: | 06037 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:06037:5156015023 |
| List Price: | $1,250,000 |
|---|---|
| Property Sub Type: | Apartment |
| Lot Size Square Feet: | 9,337.0 |
| City: | Los Angeles |
| County Or Parish: | Los Angeles |
| Postal Code: | 90026 |
| Number Of Units Total: | 6 |
| Building Area Total: | 4886.0 |
| Common Interest: | None |
| Community Features: | Curbs, Sidewalks |
| Directions: | n of temple |
| Elevation Units: | Feet |
| Entry Location: | 1/2 |
| Garage Spaces: | 0.0 |
| Gross Income: | $77,400 |
| Insurance Expense: | $4,000 |
| Laundry Features: | Outside |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | CashToNewLoan, Conventional, OwnerWillCarry |
| Lot Size Acres: | 0.2143 |
| Lot Size Units: | SquareFeet |
| MLS Area Major: | C21 - Silver Lake - Echo Park |
| Number Of Buildings: | 3 |
| Number Of Separate Gas Meters: | 7 |
| Operating Expense: | $25,000 |
| Original List Price: | $1,250,000 |
| Parcel Number: | 5156015023 |
| Pool Features: | None |
| Postal City: | LOS ANGELES |
| Sewer: | PublicSewer |
| Special Listing Conditions: | Standard |
| Stories Total: | 2 |
| Water Sewer Expense: | $12,500 |
| Year Built Source: | Assessor |
| Current Price: | $1,250,000.00 |
| Start Showing Date: | 2026-10-14 |
| Record Signature: | 1,925,958,805 |
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of October 15, 2026. 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.
California Regional Multiple Listing Service, Inc. data last updated on October 15, 2026 12:54 AM - PT
Property Last Updated: October 15, 2026 12:54 AM - PT
