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Listed by Jessica Nieto • eXp Realty of California Inc
$ 1,700,000
Est. payment | /mo
4,926 SqFt
$ 1,700,000
Est. payment | /mo
4,926 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,926 sqft
Price per Sqft $345
MLS Listing ID CROC25156445
HOA Y/N No
Year Built 1955
Lot Size 7,032 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
6-Unit Income Property | Private Garages, Rental Upside & Pride of Ownership 8366 Sargent Ave presents a rare opportunity to acquire a professionally managed, pride-of-ownership 6-unit multifamily asset in a desirable Whittier neighborhood. The property offers a well-balanced unit mix of (2) 2-bedroom/1-bath units and (4) 1-bedroom/1-bath units, spanning approximately 4,926 sq ft on a 7,032 sq ft R4-zoned lot. Each unit includes one garage parking space, served by three detached 2-car garages, and is separately metered for gas and electricity. On-site laundry provides additional monthly income, and all tenants are currently month-to-month. The building has been attentively cared for, with minimal turnover and long-term tenants, offering both stability and future potential. With a current gross scheduled income of $125,040/year and pro forma potential over $140,000, this property is well-positioned for an investor seeking immediate income with long-term upside. Tenants enjoy a walkable location near shopping, dining, and Michigan Park. 8366 Sargent offers a strong foothold in a historically high-demand rental market, with proximity to major employment hubs in both Los Angeles and Orange County- supporting continued population growth, rising household incomes, and long-term rent ap
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Level
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