Blowout price reduction! Price slashed! Now a 5.6% cap rate with potential for additional growth. Value-Add opportunity! Renovated four-unit property with RTI's for two additional units! Each of the four units features 2 bedrooms and 1 bath. Every unit has undergone a comprehensive overhaul, boasting new plumbing, electrical systems, state-of-the-art heating & A/C, along with tankless water heaters, NEW doors, windows, and flooring. They all have in-unit washer and dryer, dishwasher, stove, oven, microwave and refrigerator. The property provides off-street parking and separately metered gas and electricity for each unit. The included plans are for two additional units in the rear of the property, with a 1+1 and a 2+1. There is a garage structure on property but currently unused. Modify, scrape and build more units, convert to functional garage for additional income, plenty of possibilities and space to grow! Current rents already provide solid returns, there's no need for lengthy adjustments. Seize this opportunity to own a prime piece of real estate! * New doors, windows, and flooring Every unit is equipped with in-unit washer and dryer, dishwasher, stove, oven, microwave, and refrigerator. The property also includes off-street parking and separately metered gas and electricity for each unit. The approved plans are for two additional units at the rear of the property: one 1-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit, offering excellent value-add potential. Current rents already deliver strong returns, and with one vacant unit, there’s an opportunity for owner occupancy or increased rental income. Future Development Options: 1. Remove the Existing Garage: Option to open up area for additional parking spaces 2. Modify Plans for Grade-Level Parking Underneath New Construction: Build the additional units above, with parking underneath to optimize space. 3. Leave As Is: The new owner has the flexibility to build the two units when ready. The large, underutilized space behind the existing garage provides an incredible opportunity to increase the property's value. With these options, the property offers both immediate and future returns. For more information or to schedule a viewing, please contact: Jill Fischer: 818-231-9207 or Jeffrey Politz: 310-850-1500