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Listed by Teresa Taylor of Keyholder Estate
Update Investors!! This is a great opportunity to own this Fourplex in a great rental area near Downtown LA and within a 9-minute drive from USC. This 8 bedroom, 4 bath building sits on a 5990 sq. ft lot, which offers tenants plenty of off-street parking. This is a Probate listing which requires 10% downpayment and is subject to court approval and possible overbid. The rental income under the REAP program is $525 per unit with one unit being vacant. The building is being sold "AS IS" with no exceptions. All offers will be subject to court confirmation and potential overbidding, all Probate rules and guidelines to be followed. Showings will be subject to the submission of offer and will require 48-hour notice to access tenant units. This building is waiting for the investor who wants to add this to their portfolio and transform the building into a positive cash flow investment. ** Please note Listing Agent has not done an interior inspection yet and City REAP repairs will be sent upon * Thank you for your consideration! Look forward to seeing you in escrow!!

Property Details of 1362 E 20th Street

Property Details

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Based on information submitted to CRMLS as of March 2, 2024 1:53 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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