3983 DENKER Avenue

Los Angeles, CA90062

| 6614.00 sqft | MLS# 18385898

Tract: C34 - Los Angeles Southwest

Active Under Contract $780,000

contact: Omega Group: 310.429.8191


PRICE REDUCED FOR QUICK SALE. The property consists of four individual bungalow units with new exterior paint and landscaping. One unit was recently rehabbed (see photos). The back unit has a private yard. This property is under LA rent control. There is upside in rent. One unit is 1/3 of market rent and tenant may vacate by January 2019. Close to MetroRail station at Western & Exposition Bl. Mostly single-family homes on the street and in the neighborhood. Great cap rate 5.7% and GRM 12.44. MOTIVATED SELLER.