5 Units | Los Angeles | $750,000 | All 1+1's 960 Simmons Ave 5 Unit Apartment Building $1,033,875 CAD ($206,775 CAD/Unit) 4.95% Cap Rate Los Angeles, CA 90022

We are pleased to present, for the first time on the market in 38 years, a 5 Unit multifamily investment opportunity offered at $750,000, an attractive $150,000 per unit. The property features a desirable unit mix consisting of four spacious 1 Bed / 1 Bath units plus a separate 1 Bed / 1 Bath single-family residence. The fourplex units average approximately 800 square feet each, offering larger-than-typical layouts that appeal to long-term tenants. The four units were built in 1930 and the detached SFR unit was built in 1953. The property is separately metered for gas and electricity, reducing owner expenses and supporting efficient operations. This asset presents a compelling value-add opportunity for investors seeking upside through rental growth and operational improvements. Ideally located along the Whittier Boulevard corridor, the property enjoys a highly walkable setting with convenient access to shops, dining, and neighborhood amenities. Commuters benefit from excellent freeway access, with close proximity to the 60, 5, and 710 Freeways. Situated in Unincorporated Los Angeles County, the property is subject to the Unincorporated LA County Rent Ordinance. All 5 units are occupied, no units will be delivered vacant. Please do not walk on the property, do not disturb or engage tenants regarding the property. Drive by only, tenants are not aware of the sale, direct all questions to agent. For more information and to obtain a full marketing package (including rent roll, income/expense breakdown), please call/text/email the agent.