4-Unit Multifamily Wholesale Deal In Los Angeles, CA

Address: 5969 Guthrie St. Los Angeles, CA 90034

Asking price: $1,890,000
4 units – 2/1 each
 
Comes with one-car garage per unit.  
 
3847 sq ft living space (962sq ft per unit).  
 
 
Two of the units are fully remodeled. 
 
The other 2 well maintained as well. 
 
1 unit vacant, fully remodeled. 
 
 
 
Exterior paint approx 2 yrs ago. 
 
All windows brand new, newly installed, double pane, energy-efficient. 
 
Roof no problem, no leakage whatsoever. 
 
The patio at the back.
Very good & responsible tenants.
 
 
Between Fairfax and La Cienega, 7 mins drive to Beverly Hills. 
 
Near restaurants, groceries, banks, markets, schools, freeway access, public transportation, places of worship, etc.
 

The 3 tenants are month to month and can be delivered vacant if desired by the end buyer.

Current month to month tenants paying: $1,776, $2000, $2115, 

(1 is vacant)

Rent comps potential are $2,300-$2,500 per unit.
 

Minimum renovations needed.

Ideal for both the flipping investor and the long-term hold investor.

Sale Price: $1.89M (or best offer)

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Disclaimer: I’m helping sell this wholesale deal with dispositions.

 

 
 
For showings and more details on properties contact:
Act Fast! 
This will be gone Fast. The first one with a signed contract and earnest money gets the deal.
 
We have an equitable interest in the property and we are selling our contract. 
 

Cash or private/ hard money only. We have affiliated lenders ready to lend contact us.

Buyer pays ALL closing costs which include Transfer taxes, title insurance, and title company fees.

Buyer will receive taxes prorated to 100 percent and free and clear title.

Please do all your inspections and due diligence up front before contracting.

Realtors add your commission to the price.

Proof of funds required for viewing.

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