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8801 Baring Cross St Los Angeles, CA 90044
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Key Details
Sold Price $890,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,780 sqft
Price per Sqft $500
MLS Listing ID 25580629
Bedrooms 4
Year Built 1938
Lot Size 5,129 Sqft
Property Sub-Type Multi-Family
Property Description
8801 Baring Cross St | Triplex in South Los Angeles. 1960s three-unit property on a 5,129 SF lot with ~1,780 SF of living area; efficient layouts with (3) 2-bed / 1-bath units Two units may be delivered vacant at close, allowing immediate lease-up at market rents or owner-occupancy with favorable 14 unit financing Three garages with rare ADU conversion potential plus three off-street parking spaces Sub$800k price point with an ~8.04% current cap and ~8.74% pro forma; strong tenant demand and long-term upside in an affordable, high-renter submarket
Location
State CA
County Los Angeles
Area Metropolitan Southwest
Zoning LARD3
Rooms
Other Rooms None
Interior
Heating None
Cooling Window Unit(s)
Equipment None
Exterior
Parking Features Garage - 3 Car
Garage Spaces 3.0
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Lyon Stahl Investment Real Estate, Inc.
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