310-428-7580
HIGHLIGHTS
- This value-add single room occupancy investment provides 22 SRO units with upside to complete the required remediation for removal from LA REAP.
- Currently 48% occupied on a month-to-month basis, the opportunity allows a new owner to re-tenant the units or renegotiate terms.
- Select units have private ¾ bathrooms, and all units enjoy shared amenities, including 4 communal restrooms, a communal kitchen, and a laundry room.
- This prime location is within walking distance of shopping and dining amenities, Good Samaritan Hospital, and Downtown LA’s hottest attractions.
- Supported by a growing 2-mile population over 325,000, with 93% of locals currently renting their homes and consumer spending surpassing $3B.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Receiver Sale | Value-Add SRO | REAP Upside
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1907
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.13 AC
LAND SF
5,507 SF
ZONING
CW
APN/PARCEL ID
5143-011-014
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310-428-7580
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310-428-7580
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