- Huge 6 unit property on a large lot in the heart of Mid-City LA
-Excellent unit mix consisting of four 2 bedroom units, one 1 bedroom unit, and an enormous 4 bed, 2.5 bath two story owner's unit with a private patio
- Over 6400 square feet of rentable space on an 8000 square foot lot with parking for 6 cars in rear plus a single car garage and one space in front
- Well priced on actual rents at 12X GRM plus a healthy 27% upside to income for a market GRM of 9.5X and a 6.4% cap rate
- 1960 construction with recent improvements to the property to include new exterior paint, commercial water heater, new floors and windows in owner's unit, new windows, finishes, and appliances in select units
- LA Soft Story retrofit complete
- Separately metered for gas and electric with opportunity to increase income through implementation of RUBS program for water, sewer, and trash
- Laundry room on premises for additional income