$780,000/mo

315 Firmin, Los Angeles, CA 90026

2,040 sqft

Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.

Rental
Built in 1911
3,859sqft lot
—— car garage
$382/sqft
Listed 5 days ago

Property Description

Investor’s Dream Opportunity in Los Angeles! This well-located four-unit property at 315 Firmin St, Los Angeles, CA 90026 presents an excellent investment opportunity. The property consists of four units, each featuring 2 bedrooms and 1 bathroom, providing a total of 8 bedrooms and 4 bathrooms. Ideally situated close to Downtown Los Angeles, Chinatown, and Los Angeles Union Station, the property offers convenient access to major employment centers, transportation, dining, shopping, and entertainment. The property is currently occupied by long-term tenants, providing a stable rental history. The current gross monthly rental income is $4,894, with a reported gross rental income yield of approximately 7.5%. Nearby schools include Betty Plasencia Elementary School, Sal Castro Middle School, and Ramón C. Cortines School of Visual and Performing Arts. A great opportunity for investors looking for a multi-unit property with established rental income in a prime Los Angeles location.