Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    2343 Scarff Street, Los Angeles, CA 90007
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    2343 Scarff Street
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    • MLS#: 24457811 ( Multi-Family )
    • Street Address: 2343 Scarff Street
    • Viewed: 17
    • Price: $7,895,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1910
    • Bldg sqft: 0
    • Days On Market: 118
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90007
    • Provided by: Keller Williams Realty Downey
    • Contact: Michael R. Michael R.
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Discover an exceptional investment opportunity with this prime building located just a short walk from the prestigious University of Southern California. This well maintained property features 31 units, comprising 18 one bedroom apartments, 12 studio units, and a spacious four bedroom, two bathroom additional dwelling unit, catering to a diverse range of tenant needs. Currently generating over $55,000 in monthly income, this property boasts an impressive 6.20% CAP rate and an 11.63 GRM, making it a lucrative addition to any portfolio. The property is professionally managed and is fully occupied for the 2024 2025 USC school year, ensuring a steady income stream. Additionally, the property holds a Mills Act designation, providing significant property tax savings that enhance its investment potential.
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    Features
    Property Type
    1. Multi-Family
    Views
    1. 17
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836