Fully Renovated 4-Unit Investment with Tax Abatement
Welcome to 2002 Cecil B Moore Avenue, a fully occupied 4-unit apartment building just steps from the Liacouras Center and the Martin Luther King Recreation Center.
The property was completely renovated in 2020, offering modern finishes and updated systems throughout. With 6 years remaining on the tax abatement, new ownership will benefit from reduced expenses and strong cashflow. The building produces an NOI of $64,431, translating to a 7.58% cap rate, along with a DSCR of 1.43 at 70% LTV, making this a strong candidate for financing and an attractive long-term hold.
Whether you are an investor seeking a turn-key property with proven returns or an owner-occupant buyer looking for an opportunity that requires very little management and no renovations, 2002 Cecil B Moore Ave offers both stability and income in a prime location.
Listed by Jason Kleinman
·
License #RS362457
·
SDG Management, LLC
·
9082173922
Last updated October 07, 2025
·
Source: BrightMLS #PAPH2542320
Listing Facts
TypeMulti-family
NeighborhoodNorth Central
Days on Prevu15
Taxes$1,946/year
Size6,083 sqft
Price per sqft$140
Location
Mortgage Calculator
Listing History
10/07/2025
Listed by SDG Management, LLC
$850,000
Property Details for 2002 Cecil B Moore Avenue
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Property Condition: Very Good
Year Built: 1915
Architectural Style: Traditional
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Estimated
Lot Size Acres: 0.04
Lot Size Dimensions: 19
Lot Size Source: Estimated
Lot Size Square Feet: 1,596
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $1,946.00
Tax Year: 2025
Interior
Features
Fireplace: No
Measurements
Living Area: 6,083
Living Area Source: Estimated
Other
Location
Tax Lot: 335
Parking
Parking
Garage: No
Parking Features: Public
Utilities
Equipment
Cooling: Central A/C
Heating: Forced Air
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
The data relating to real estate for sale on this website appears
in part through the BRIGHT Internet Data Exchange program, a voluntary
cooperative exchange of property listing data between licensed real
estate brokerage firms in which participates, and is provided by BRIGHT
through a licensing agreement. The information provided by this website
is for the personal, non-commercial use of consumers and may not be used
for any purpose other than to identify prospective properties consumers
may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
