Property Detail

Description

FIRST TIME IN THE MARKET IN THE LAST 50 YEARS. THE SUBJECT PROPERTY IS A EIGHT-UNIT APARTMENT BUILDING LOCATED IN THE LEIMERT PARK NEIGHBORHOOD OF LOS ANGELES. THE COMPLEX WAS BUILT IN 1953 THE BUILDING FEATURES BALANCED UNIT MIX OF SIX 1 BEDROOM, 1 BATHROOM UNITS AND TWO 1 BEDROOM, 1 BATHROOM UNITS. THIS PROPERTY PRESENTS A GOOD OPPORTUNITY FOR INVESTORS SEEKING POTENTIAL INCOME, THERE ARE 4 UNITS VACANT WHICH COULD RENT UP TO CURRENT RENT MARKET VALUE, PROPERTY COMES WITH 4 CAR GARAGES IDEAL TO MAKE LARGE ADU OR EVEN 2 JUNIOR ADU. OWNER HAS DONE A GREAT JOB MAINTAINING THESE 8 UNITS.