4840 Mascot St Los Angeles, CA 90019

This exceptional Los Angeles investment property, located at 4840 Mascot St, 90019, presents a compelling opportunity for savvy investors. The property consists of four individual structures situated on a 0.161-acre lot, zoned LARD1.5. Three charming bungalows, each functioning as a three-bedroom home, and a fourth structure featuring a single basement unit and a separate four-car garage comprise the complex. The total square footage is 2,600, with four parking spaces available. Currently, all four units are occupied, and tenants are responsible for all utilities, ensuring consistent cash flow. The asking price is $1,099,000, reflecting a price per square foot of $422.69 and a strong 4.17% cap rate, generating a net operating income (NOI) of $47,923. The property's layout offers significant upside potential, including the possibility of adding an accessory dwelling unit (ADU). This turnkey investment boasts a solid tenant base and presents a rare chance to acquire a well-maintained multifamily property in a desirable Los Angeles location. The property's APN is 5067-012-013. This is a fantastic opportunity to capitalize on the strong Los Angeles rental market.