New financials and reduced price! All units are occupied. We are proud to present an opportunity to acquire a 6-unit apartment community located in the highly desirable Baldwin Hills market of Los Angeles. The offering features true rental upside and current ownership just completed a brand new 3 bedroom/2 bathroom ADU that includes white shaker cabinets,quartz counters, LVP floors and beautiful bathrooms. The ADU unit also includes an in-unit washer and dryer and has a AC/Heat Mini Split System. Total square footage is based on 3,666 assessor total square footage plus 1,000 sq ft brand new ADU (Buyer to verify). The value-add apartment boasts strong day-1 income and contains an attractive unit mix of 1, 2 and 3 bedroom floorplans. The property is in one of the hottest markets in Los Angeles surrounded bymulti-million dollar homes and lies in close proximity to all of LA's major employment hubs. This investment presents a very attractive opportunity to own avalue-add apartment on one of the most desirable streets in Baldwin Hills.
Property Type :
Residential Income
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 05/17/2024 @ 15:01
MLS: 24382233
LISTED BY: John Katnik, BRC Advisors- BH
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
