Property Detail

Description

Excellent West Los Angeles Investment Opportunity. Rare 7-unit apartment building located in one of West L.A.'s most desirable and still-affordable rental pockets. This well-maintained property features a mix of 5 spacious 1-bedroom/1-bath units, 1 large 2-bedroom/1-bath unit, and 1 3-bedroom/1-bath unit.High-demand rental location with strong tenant appeal and historically low vacancy. Current rents are substantially below market, presenting a savvy investor the opportunity to increase income by approximately 20-25%, enhancing both yield and long-term upside. Approximately $150.00 per month laundry income included. Expenses are from 2024. New roof 2021 and new electrical 2025. Soft story retrofit has been completed. Prime location near major employment centers, public transit, shopping, and dining. A value-add investment with excellent potential for appreciation and improved CAP rate. Expenses are estimated, please call Brokers for information.