



Well-maintained 4-unit investment property delivering a 7.79% current cap rate with clear upside to 10.16% pro forma in a high-demand South Los Angeles corridor.The property consists of three 2-bedroom/1-bath units and one 5-bedroom/2-bath. Key highlights:• 7.79 % in-place CAP | 10.16% pro forma CAP• Separate electric and gas meters• 4 one-car garages generating additional rental income• Opportunity to install coin-op laundry for further NOI growth• 5,248 SF lot• Proven income-producing asset - Fully occupied • Maintained Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum.This is a stabilized asset with embedded upside — offering both strong current yield and operational growth potential in one of Los Angeles’ most active rental markets.Serious investors will recognize the combination of cash flow, flexibility, and location positioning.Opportunity to acquire a small portfolio of well-located multifamily assets with strong in-place cash flow and clear upside. Properties can be purchased individually or together for immediate scale.The owner is actively repositioning their portfolio and is prepared to transact in the near term. Flexible and open to creative deal structuring to facilitate a strong transaction.629–633 San Pedro (5 Units)6.56% current cap | 7.82% potential1945 W Vernon (4 Units)6.31% current cap | 7.79% potentialThree 1-bedroom units plus one 2-bedroom unit.One unit vacantCombined, these assets offer diversified income streams across two strong rental submarkets, with multiple paths to increase NOI through rent growth and operational improvements.Seller will prioritize well-structured offers and is open to considering terms that can enhance overall deal economics.Contact for financials, OM, and details on acquiring one or any combination of the 3 properties.
Email enquiry to First Team Real Estate
Property ID: 110107285839
Original Property ID: 3yd-MRMLSCA-PW26069885