Property Description

Our Team 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. * 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, long time holders * 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 . . .

ESSENTIAL INFO

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