1786 E 110TH ST, LOS ANGELES, CA 90059

Property Description

About this home

1786 E 110th St is a 4-Plex delivered FULLY VACANT at Close of Escrow. The property also comes with submitted plans to LADBS for a 3-Bed/2-Bath ADU, providing an additional opportunity for investors to further maximize cash flow. Once leased, the property will operate at an impressive 9.26% Cap Rate with the ADU (including estimated construction costs). In addition, the current ownership recently completed extensive structural improvements, including a tuck-under parking retrofit and major building upgrades. Situated on a large 7,806 SF lot in one of Los Angeles’ fastest growing neighborhoods, a substantial portion of the units have already been modernized and are move-in ready, allowing for strong income potential upon stabilization. Whether you’re an investor or owner-user, this 4+1 unit asset is primed for strong cash flow from day one, with the added potential to increase equity through ADU development. Located in a growing submarket, 1786 E 110th Pl is just minutes from major employment and entertainment hubs including SpaceX, Hollywood Park Casino, SoFi Stadium, Intuit Dome and Cosm Los Angeles. * * * The SF reflected represents the ADU conversion.

Key things to know

• 4-plex delivered fully vacant with LADBS ADU plans for a 3 bed/2 bath.
• Tuck-under parking retrofit and major building upgrades completed.
• Large 7,806 SF lot in fast-growing Los Angeles submarket; move-in ready units.
• Five parking spots and garage on site.
• Potential 9.26% cap rate with ADU upon stabilization.