Kevin Kawaoka of Bluechip Investment Group | NAI Capital is delighted to present an exceptional investment opportunity: a fully occupied, 8-unit apartment complex nestled in the historic Hyde Park neighborhood of Los Angeles. This property (2 buildings on 1 parcel) offers a harmonious blend of strategic location and significant growth potential, making it a prime asset for apartment investors.
Prime Location with Unmatched Connectivity
Situated within walking distance to the Fairview Heights K Line Metro Station, this property ensures seamless access to Los Angeles' expansive public transit network
*Robust Infrastructure and Amenities
This gated complex boasts a diverse unit mix designed to cater to various tenant needs:
• 2 units of 1 bedroom and 1 bathroom
• 4 units of 2 bedrooms and 1 bathroom
• 2 units of 3 bedrooms and 1 bathroom
*No Soft-Story Retrofit Requirement as per LADBS record
* Certificate of Occupancy for 8 units with 8 parking spaces
*Property passed city inspection 10/24/2024
*windows replaced, facia replaced, stairs repaired
*multi-generational ownership , now on the market
*Approximately +- 50% upside in rents !
*Possible addition of 2 ADU's to boost income (buyer to verify with the city)
*Expansive lot | 11,418 Sq ft , TOC Tier 3
*Connect with us for more information on this prime long term investment opportunity