4840 Mascot StLos Angeles, CA 90019
- Apartment buildings
- 2,600 SF
Property Details for 4840 Mascot St
- Lot size
- 0.16 AC
- Property size (Sq ft)
- 2,600 SF
- Property type
- Apartment buildings
Description
This exceptional Los Angeles investment property, located at 4840 Mascot St, 90019, presents a compelling opportunity for savvy investors. The property consists of four individual structures situated on a 0.161-acre lot, zoned LARD1.5. Three charming bungalows, each functioning as a three-bedroom home, and a fourth structure featuring a single basement unit and a separate four-car garage comprise the complex. The total square footage is 2,600, with four parking spaces available. Currently, all four units are occupied, and tenants are responsible for all utilities, ensuring consistent cash flow. The asking price is $1,099,000, reflecting a price per square foot of $422.69 and a strong 4.17% cap rate, generating a net operating income (NOI) of $47,923. The property's layout offers significant upside potential, including the possibility of adding an accessory dwelling unit (ADU). This turnkey investment boasts a solid tenant base and presents a rare chance to acquire a well-maintained multifamily property in a desirable Los Angeles location. The property's APN is 5067-012-013. This is a fantastic opportunity to capitalize on the strong Los Angeles rental market.
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0407
- Longitude
- -118.345
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].