4222 Hooper Avenue
Property Overview
Investor' s Prime location, just minutes away from Downtown LA, USC, BMO Stadium, George Lucas' Billion Dollar Museum, Thomas Jefferson High School and Exposition Park, where the 2028 Olympics will be held! The property consists of 7 large UNITS / 2 two story buildings , with an attractive combination of existing income and long-term upside, a great unit mix consisting of (4) 2 Bed / 1 Bath, (3) 1 Bed / 1 Bath units. Excellent in-place cash flow on day one, with the benefit of an additional of 35% upside in rents. POSITIVE cash on cash return with current rents. ESTIMATED 7.36 % cap rate, 9.21GRM. Electric and Gas utilities for both buildings are separately metered. Inside with an accepted offer. Fully occupied building , do not disturb tenants . call agent for ore information and Make an offer on the car form RIPA.
Home Details
- Property type
- Residential Income
- Year built
- 1929
- Living area
- 6,460 sq ft
- Lot size
- 5,150 sq ft
- Days on market
- 10
- MLS status
- Active
- Zoning
- LARD2
Features & Amenities
Interior
- Ceiling Fans
Appliances
- Oven
- Refrigerator
- Dryer
- Washer
Parking
- None
Community, Schools & Utilities
Utilities
- Heating
- NaturalGas,SpaceHeater,WallFurnace
- Cooling
- WallWindowUnits
Location & Neighborhood
Frequently Asked Questions About 4222 Hooper Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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