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### Distressed Sale Opportunity ### This is an Approved Short Sale of a 10 Unit Apartment House configured as 6, 1 Bedroom 1 Bath units and 4, 2 Bedroom 1 Bath units. Property requires some rehab and there are currently 3 vacant units under rehab. Current actual income is $64,248 and will be $97,848ann when rehab is complete. The figures in the unit setup sheet are proforma and actual to reflect the numbers above. Laundry room has no machines or contract. The lender has approved this deal, prelim and Hatural Hazard Disclosures are complete. Fully leased this is a 9.60% CAP and a 6.42 x GRM. This property is located in the Hyde Park Area close to transportation on Florence Ave & Crenshaw Blvd. This will not be around for long.
Listing agent: Michael Gormley DRE #01145307 mikegormley@gmail.com, Listing office: Real Estate Alliance
MLS data updated 10/31/2026, 11:12:56 PM PT
Source: CRMLS, MLS #: P809775
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Jul 18, 2012
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90043 · Nov 2026
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