Property Detail

Description

Great Los Angeles location! Built in 1922, this well-maintained 6-unit complex features 3 separate buildings including three individual tenant garages, a large 2BR + 1Bath with an additional 1BR + 1Bath unit situated over garages, two additional separate buildings each with one 2BR+1Bath, unit and a one 1BR+1Bath for a total of 6 units. The complex has 3595 square feet of rentable space on a 6611-square-foot lot. Each unit is separately metered for gas, electricity, and water. The owner pays for sewer and trash. The complex is currently 100% occupied on month-to-month tenancy. An astute investor will have the ability to capture roughly 90% in rental upside as tenants vacate or by successfully implementing a “Cash for Keys” program. This property will be delivered with tenants at the close of escrow. Please submit a complete offer to view the property. Only potential buyers with accepted offers will be allowed to view the inside of individual units. Please note that the property is being sold “as-is,” and no repair request will be acknowledged. The deed to the property will be transferred as is.