960 Simmons Avenue, Los Angeles, CA 90022

Property Description

We are pleased to present, for the first time on the market in 38 years, a 5 Unit multifamily investment opportunity offered at $750,000, an attractive $150,000 per unit. The property features a desirable unit mix consisting of four spacious 1 Bed / 1 Bath units plus a separate 1 Bed / 1 Bath single-family residence. The fourplex units average approximately 800 square feet each, offering larger-than-typical layouts that appeal to long-term tenants. The property is separately metered for gas and electricity, reducing owner expenses and supporting efficient operations. This asset presents a compelling value-add opportunity for investors seeking upside through rental growth and operational improvements. Ideally located along the Whittier Boulevard corridor, the property enjoys a highly walkable setting with convenient access to shops, dining, and neighborhood amenities. Commuters benefit from excellent freeway access, with close proximity to the 60, 5, and 710 Freeways. Situated in Unincorporated Los Angeles County, the property is subject to the Unincorporated LA County Rent Ordinance.