7111 Cimarron ST new

Los Angeles,CA 90047

$ 1500000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25000826

HOA Y/N No

Year Built 1956

Annual Tax Amount $5,193

Tax Year 2024

Lot Size 5,641 Sqft

Property Description

Fantastic investment opportunity to own 8 unit building in south Los Angeles. The property is conveniently located on the corner of Florence Ave and walking distance to restaurants and shopping. Property features upstairs and downstairs units, 5 of the units are open one bedroom studios and the remaining 3 units feature one bedroom one bath. Property is gated in the front creating a beautiful courtyard and rooftop balcony for entertaining or relaxation for all tenants. Location is close to LAX airport, SoFi Stadium, Kia Forum and 13 miles from the coastline and beach. Potential upside via renovations to maximize long term investment.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAC2

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Carport Spaces 2

Fence Brick,Wrought Iron

Utilities Available Cable Connected,Electricity Connected,Natural Gas Available,Phone Available,Sewer Connected,Water Connected

Roof Type Flat,Shingle

Present Use Multi-Family

Total Parking Spaces 2

Building

Lot Description 6-10 Units/Acre

Story 2

Water Public

Others

Tax ID 6016033004

Security Features Window Bars

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

View More
Favorite Go Tour