Description
New to Market is an Incredible Value Add five (5) unit apartment building with an excellent unit mix consisting of two (2) 1bed/1bath apartments, two (2) two bed one bath apartments, and one (1) three bed/2bath apartment. All tenants are current with the rent and all tenants are paying under market, creating immense upside potential for a new owner. Each tenant pays its own separately metered electricity an owner pays water. Owner has taken great care of the property and maintains a pride of ownership in keeping in great condition. The property is in a great location that has been gentrifying over recent years and there is an opportunity to nearly double the rents the building is currently bringing in. Don't miss this chance for an excellent value-add investment opportunity on a property with a great unit mix!
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9BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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4,418SQFT
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$406$/SQFT
School Ratings & Info
Description
New to Market is an Incredible Value Add five (5) unit apartment building with an excellent unit mix consisting of two (2) 1bed/1bath apartments, two (2) two bed one bath apartments, and one (1) three bed/2bath apartment. All tenants are current with the rent and all tenants are paying under market, creating immense upside potential for a new owner. Each tenant pays its own separately metered electricity an owner pays water. Owner has taken great care of the property and maintains a pride of ownership in keeping in great condition. The property is in a great location that has been gentrifying over recent years and there is an opportunity to nearly double the rents the building is currently bringing in. Don't miss this chance for an excellent value-add investment opportunity on a property with a great unit mix!
Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T21:42:57.743. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.