West 1st Flats is a 32-unit apartment building offering a great unit mix with mostly 2Bd/1Ba units situated on a spacious 1.34-acre lot. Featuring a strong current cap rate of 6.42% and benefiting from recent capital improvements, this property provides a solid return on investment. In addition, there is strong rental upside as well as the ability to add 3 additional units. West 1st Flats is conveniently located with quick access to Sheridan Blvd and 6th Ave freeway, and is only 2 miles from the Belmar Shopping District. The property can be purchased individually or as part of a portfolio with 1360 Zephyr Street and 717 Oak Street.