Back on market at no fault of property - Rarely does a cash flow property like this come on the market - Incredible opportunity to own a high income producing duplex in South LA. Rare unit mix of a large7BD, 4BAlower unit achieving$4, 800per month and upper6BD, 4BAunit receiving$4, 500per month - exceptional cash flow with a7.1 CAPrate! Large open kitchen spaces freshly tiled. Fully gated with 2 detached 2 car garages off the alley - great ADU potential. Unbelievable rental income and cash flow producing asset in close proximity to downtown, the westside and freeways.
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The average household income in
Los Angeles, CA
grew
from
$60,197
to
$62,474
in the past year. This data is an estimate based upon
1,4M
households in
Los Angeles, CA. The chart below presents how household income is distributed in
Los Angeles, CA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Los Angeles, CA
compared to median property taxes around the country. The prevalent amount of property taxes in
Los Angeles, CA
equals
$3k+
, which is
more
than the national average.