Property Detail

Description

Seller financing available! Excellent opportunity for an owner-user, investor, or developer near MacArthur Park and Downtown LA! This well-maintained property offers updated units featuring German laminate wood flooring, Italian tile, granite kitchen countertops, formal dining rooms, and spacious bedrooms with walk-in closets. Each unit includes mini-split AC systems and in-unit laundry hookups. The gated building is equipped with dual-pane windows, two 2-car garages, and completed earthquake retrofitting. Conveniently located just two blocks from Home Depot and close to shops and restaurants. Great tenants due for an increase in rent, adding significant upside potential! Income per year is $97,440. Expenses per year are: Taxes $16,000 | Water/Sewer/Sanitation $5,400 | Insurance $4500 | Gardener $1080.