Prime Investor Opportunity: This exceptional 4-plex comes with no HOA fees and has operated successfully as a long-term 31+ day Airbnb for the past five years, delivering a strong 8.78% cap rate and an annual Net Operating Income (NOI) of $74,596.08 for consistent, substantial cash flow from day one. Fully remodeled and 100% occupied, each of the four spacious 2-bedroom, 1-bath units features modern finishes, in-unit laundry with washer and dryer, upgraded kitchens with granite countertops and dishwashers, and all furnishings and TVs included. Designed to attract today’s Airbnb guests, this turnkey property offers immediate income and exceptional long-term investment growth potential.
Property Details
Price:
$849,000
MLS #:
2712999
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
PARKSIDE TERRACE SUB
Listed Date:
Aug 25, 2025
Finished Sq Ft:
2,924
Total Sq Ft:
2,924
Lot Size:
4,792 sqft / 0.11 acres (approx)
Year Built:
1963
Units:
4
Schools
Elementary School:
,
Interior
Appliances
Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
Cooling
Central Air
Flooring
Luxury Vinyl Plank
Heating
Central, Electric
Laundry Features
Common Area
Exterior
Architectural Style
Fourplex
Association Amenities
Laundry, Cable Tv
Construction Materials
Stucco
Exterior Features
Private Yard
Roof
Flat
Financial
Taxes
$1,641
Directions
From 1-15 & Flamingo, E Flamingo, N Palos Verdes, W Mckella, property on the left.
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