3500 Cimarron Street
$1,450,000
6
3
2,484
2,484
$584
Description
We're excited to present 3500 Cimarron St, a prime investment opportunity offering a low-maintenance addition to your portfolio. This property features three units, each with two (2) bedrooms and one (1) bathroom. It also includes a spacious parking area with the potential to add an ADU for additional income (buyer to verify). The property is well-maintained, with two of the units recently updated. Fully occupied and generating a total monthly income of $8,464 (rental increases available for all...We're excited to present 3500 Cimarron St, a prime investment opportunity offering a low-maintenance addition to your portfolio. This property features three units, each with two (2) bedrooms and one (1) bathroom. It also includes a spacious parking area with the potential to add an ADU for additional income (buyer to verify). The property is well-maintained, with two of the units recently updated. Fully occupied and generating a total monthly income of $8,464 (rental increases available for all units at the beginning of next year) and minimal expenses, Cimarron is located in a thriving, up-and-coming area that promises future growth and development opportunities for any buyer. Please do not disturb the tenants.
- Listed by Austin Muller • DRE #01931334 • Brokerage DRE #02083474 • Skylight Real Estate Advisors, Inc.
Property Details for 3500 Cimarron Street
Zoning
LAR2
Parcel Number5042030043
Total Units3.0
Living Area2484
Source Living AreaVendor Enhanced
AreaPark Hills Heights (PHHT)
Vacancy Rate0
Lot Size Area5489
LISTING UPDATED: 08/04/2024 06:04 PM
Property Details for 3500 Cimarron Street
Status | Active |
---|---|
MLS # | 24-422163 |
Days on Market | 112 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1945 |
Lot Size | 0.13 AC / 5,489 SF |
County | Los Angeles County |
Building Information for 3500 Cimarron Street
Stories2Residences-Year Built1945Building Size-Lot Size0.13 AC / 5,489 SF
Property Information for 3500 Cimarron Street
Property History for 3500 Cimarron Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3500 Cimarron Street
Taxable ValueLand$530,604Additions$265,302Total$795,906
Tax Record2024$10,003 ($834 / month)
Home Facts
Total Finished SqFt2,484 SqFtAbove Grade Finished SqFt2,484 SqFtLot Size5,487 SqFtStyleTriplexYear Built1945ZoningLAR2CountyLOS ANGELESAPN5042-030-043
Schools near 3500 Cimarron Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 12 | |||
Public - | 9 to 12 | |||
Public - | 1 to 5 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Foshay Learning Center PublicK to 12 | ||
Susan Miller Dorsey Senior High School Public9 to 12 | ||
Mid-City's Prescott School Of Enriched Sciences Public1 to 5 | ||
Math And Science College Preparatory Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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