3500 Cimarron St
Los Angeles, CA 90018
6 Beds
3 Baths
2,484 Sq Ft
6 Days on Market
For Sale $1,295,000
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Courtesy of Skylight Real Estate Advisors, Inc.

Listing Agent & Comments

Austin MullerSkylight Real Estate Advisors, Inc.
310-909-6008austin@skylighthomes.com License #01931334
Welcome to 3500 Cimarron St, a prime investment opportunity featuring all government-backed Section 8 tenants. This property consists of three units, each with two (2) bedrooms and one (1) bathroom. It also includes a spacious parking area with potential to add a large ADU for additional income (buyer to verify). The property was just painted, has all new heating systems installed, and was re-roofed in 2017. Two of the three units have been completely updated. This fully occupied property generates $8,562/month in rental income from three Section 8 tenants, with extremely low expenses, providing a very competitive cap rate and NOI on a low-maintenance building. Located in the thriving Jefferson Park neighborhood, with new restaurants and shoppes opening daily, this area promises future growth and development opportunities for any buyer.Please do not disturb the tenants.

MLS# 25489189 • Data provided by CRMLS
Additional home details
Living Area2,484 Sq.Ft.
Lot Size5,489 Sq.Ft.
Total Rooms--
Bedrooms6
Bathrooms3
Stories2
Year Built1945
Property TypeMultifamily
ZoningLAR2
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$10,003
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$1,286,479
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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HouseCanary, Inc. Brokerage

3500 Cimarron St., Los Angeles, CA 90018

Multifamily
6 Beds
3 Baths
2,484 Sq Ft
6 Days on Market

Listing Agent & Comments

Austin MullerSkylight Real Estate Advisors, Inc.
310-909-6008austin@skylighthomes.com License #01931334
Welcome to 3500 Cimarron St, a prime investment opportunity featuring all government-backed Section 8 tenants. This property consists of three units, each with two (2) bedrooms and one (1) bathroom. It also includes a spacious parking area with potential to add a large ADU for additional income (buyer to verify). The property was just painted, has all new heating systems installed, and was re-roofed in 2017. Two of the three units have been completely updated. This fully occupied property generates $8,562/month in rental income from three Section 8 tenants, with extremely low expenses, providing a very competitive cap rate and NOI on a low-maintenance building. Located in the thriving Jefferson Park neighborhood, with new restaurants and shoppes opening daily, this area promises future growth and development opportunities for any buyer.Please do not disturb the tenants.

MLS# 25489189 • Data provided by CRMLS
Additional home details
Living Area2,484 Sq.Ft.
Lot Size5,489 Sq.Ft.
Total Rooms--
Bedrooms6
Bathrooms3
Stories2
Year Built1945
Property TypeMultifamily
ZoningLAR2
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$10,003
Property in Flood Zone--
We’ll connect you with top agents in your area.
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $1,295,000
Request tour
Save
Courtesy of Skylight Real Estate Advisors, Inc.
3500 Cimarron St
Los Angeles, CA 90018
6 Beds
3 Baths
2,484 Sq Ft
6 Days on Market

Listing Agent & Comments

Austin MullerSkylight Real Estate Advisors, Inc.
310-909-6008austin@skylighthomes.com License #01931334
Welcome to 3500 Cimarron St, a prime investment opportunity featuring all government-backed Section 8 tenants. This property consists of three units, each with two (2) bedrooms and one (1) bathroom. It also includes a spacious parking area with potential to add a large ADU for additional income (buyer to verify). The property was just painted, has all new heating systems installed, and was re-roofed in 2017. Two of the three units have been completely updated. This fully occupied property generates $8,562/month in rental income from three Section 8 tenants, with extremely low expenses, providing a very competitive cap rate and NOI on a low-maintenance building. Located in the thriving Jefferson Park neighborhood, with new restaurants and shoppes opening daily, this area promises future growth and development opportunities for any buyer.Please do not disturb the tenants.

MLS# 25489189 • Data provided by CRMLS
Additional home details
Living Area2,484 Sq.Ft.
Lot Size5,489 Sq.Ft.
Total Rooms--
Bedrooms6
Bathrooms3
Stories2
Year Built1945
Property TypeMultifamily
ZoningLAR2
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$10,003
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,286,479
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $1,295,000
Request tour
Save
Courtesy of Skylight Real Estate Advisors, Inc.