2343 Scarff

Los Angeles, CA, 90007
For Sale $7,895,000
  • 34beds
  • 21,770sqft
  • 0.20acre
Listing agents:
Michael R. Fukushima
License #01380445
Keller Williams Realty Downey
Stephen F. Watson
License #01187813
Keller Williams Realty Downey
Discover an exceptional investment opportunity with this prime building located just a short walk from the prestigious University of Southern California. This well-maintained property features 31 units, comprising 18 one-bedroom apartments, 12 studio units, and a spacious four-bedroom, two-bathroom additional dwelling unit, catering to a diverse range of tenant needs. Currently generating over $55,000 in monthly income, this property boasts an impressive 6.20% CAP rate and an 11.63 GRM, making it a lucrative addition to any portfolio. The property is professionally managed and is fully occupied for the 2024-2025 USC school year, ensuring a steady income stream. Additionally, the property holds a Mills Act designation, providing significant property tax savings that enhance its investment potential.

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2343 Scarff is a Residential Income property located in Los Angeles, California, featuring a 0.202 acre lot, 21,770 sqft, 34 bedrooms, MLS #24457811.

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Data last modified: 2024-11-05 13:12:06