Los Angeles, CA 90003 409 E 99th Street
$1,895,000
1 more
Presented By: James Oddino with VIP Premier Realty Corp;
- MLS# 25577447
- 08/15/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 14
Baths • 10
SQFT • 5,048
Home Details
Welcome to an exceptional 4-Unit investment opportunity at 409 E 99th, a brand-new 2025 construction ideally situated for convenient access. This fully vacant property features two spacious 4-bedroom, 3-bathroom and two 3-bedroom, 2-bathroom modern apartments offering flexible rental options. Designed with low maintenance and simple management in mind, this turnkey investment delivers a strong projected 7.2% cap rate. Don't miss your chance to secure this hassle-free asset with immediate income potential! *Photos are of a similar building*
Presented By: James Oddino with VIP Premier Realty Corp;
Interior Features for 409 E 99th Street
Bedrooms
Total Bedrooms14
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths10
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 409 E 99th Street
Additional Parcels Y/NNo
Architectural StyleModern
Attached Garage No
Cap Rate7.2
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CoolingCentralAir
CountyLos Angeles
DirectionsDrive south on Main Street, turn left onto E 99th Street, and the property will be on your right between San Pedro Street and McKinley Avenue.
Full Baths
Garage Y/NNo
Gross Income177984.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5086.0
Lot Size UnitsSquareFeet
MLS AreaC37 - Metropolitan South
MobileHomeRemainsYNNo
Net Operating Income137048.0
New ConstructionYes
Number Of Units Total4
PostalCityLOS ANGELES
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built2025
Year Built SourceBuilder
ZoningLAR2
Exterior for 409 E 99th Street
Building Area Total5048.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions40x127
Lot Size Acres0.1168
Lot Size Area5086.0
Number of Buildings2
Parking FeaturesCovered
Private PoolNo
SpaNo
Total Parking6.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate