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.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $2,880,000 | $234 | Keller Williams Beverly Hills |
Elementary School Leo Politi Elementary | 0.1 miles away | KG - 05 | |
Elementary School Magnolia Avenue Elementary | 0.4 miles away | KG - 05 | |
Elementary School Hoover Street Elementary | 0.5 miles away | KG - 05 |