Highly sought after turnkey investment located just south of Olympic Blvd. This 11-unit apartment building complex, built in 1923 has many value add opportunities. With 65% upside in rental income this is an investors dream. A great unit mix consisting of 6 one-bedroom units, 4 two-bedroom units, and one studio unit. With 2 separate parking structures any savvy investor could add 2-3 ADU units adding even more value to this asset. The utilities are separately mattered for gas and electricity. Located in a highly tenant competitive rental market in Koreatown with a walk score of 91.
Property Type :
Residential Income
Subdivision :
Fallbrook
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 05/16/2024 @ 03:49
MLS: 24368016
LISTED BY: Jacob Kesherim, Keller Williams Beverly Hills
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: Contact Listing Agent
