9400 S Denker Avenue, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 3 bath
ACTIVE$987,000
9400 S Denker Avenue, Los Angeles, California 90047
3Beds
3Baths
2,026Sqft
7,452Lot
Year Built
1940
Close
-
List price
$987K
Original List price
$1.1M
Price/Sqft
$487
HOA
-
Days on market
-
Sold On
-
MLS number
SB25009384
Home ConditionFair
Features
Good View: Neighborhood
Patio
ViewNeighborhood
About this home
We found 2 Cons,3 Pros. Rank: price - $987.0K(58th), sqft - 2026(53th), beds - 3(89th), baths - 3(89th).
This single-family home is perfect of Owner Occupiers or Investors. There are a total of four (4) rental Units. There is a positive cash flow for owners that needs income assistance or Investors looking for monthly income. There are four (4) tenant occupied Units, please do not disturbed the tenants. The property will be delivered with all of the current tenants in place. Each Unit has been recently upgraded, therefore the property has very little Maintenance, or repairs required at this time. Drive by only,
Nearby schools
1/10
Manhattan Place Elementary School
Public,•K-5•0.4mi
3/10
La Salle Avenue Elementary School
Public,•K-5•0.5mi
1/10
Century Park Elementary School
Public,•K-5•1.3mi
1/10
Lane (Warren) Elementary School
Public,•K-6•1.6mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•1.5mi
1/10
Horace Mann Junior High School
Public,•6-8•1.8mi
2/10
George Washington Preparatory High School
Public,•9-12•0.9mi
2/10
Morningside High School
Public,•9-12•1.9mi
2/10
Inglewood High School
Public,•9-12•3.0mi
9/10
Middle College High School
Public,•9-12•3.6mi
Condition Rating
Fair
The property was built in 1940 and consists of four rental units. The description mentions recent upgrades to each unit, suggesting some level of renovation. The images show updated kitchens and bathrooms, but the overall style and some fixtures appear dated. Given the age and the extent of renovations visible in the images, a 'Fair' rating is appropriate. It appears maintained but not fully modernized.
Pros & Cons
Pros
Income Potential: The property features four rental units, providing a positive cash flow for owners or investors.
Recent Upgrades: Each unit has been recently upgraded, minimizing the need for immediate maintenance or repairs.
Tenant Occupied: The property will be delivered with existing tenants, ensuring immediate rental income.
Cons
Tenant Occupied: Property is tenant occupied, which may limit access for showings and renovations.
Drive-By Only: Limited access for showings (drive-by only) may hinder thorough inspection and buyer interest.