Property Description

High revenue producing Income property with strong rental profile and low operating costs. The added quality being in 1a high demand neighborhood. Immediate access to Los Feliz Village; shopping, eateries. and services. In 2017 property finalized a complete, ground up, new construction overhaul. This includes every system and all aesthetic modern finishes. Lessees have convenience of modern appliances, convenient laundry closet upstairs, and bedroom/ bath elements in great condition. Each unit has their own outdoor privacy space. All garages are private, with direct entrance into home. Last unit in back has a generous 2 car garage, as well as expanded Master Suite, w/ hidden and private backyard patio area. This last unit is currently listed for lease (lease price $6490.00) and will be available for showings after 01 July. Close to everything, yet tucked quietly on a quiet residential street. Difficult to find a similar property with only 3 units that generates an approximate monthly total of $18,242.00. Building suits the needs of owner/user practicality or individuals needing an strong 1031 fulfillment. Because of the relativity recent renovations, all units are in excellent condition and maintenance costs are far below average of most all other income property in neighborhood. Combining all needs on the income checklist of location, proof of strong rental stability and easy maintenance.

ESSENTIAL INFO

• Status: Active
• Architecture: Contemporary