Contact broker for full marketing package. Prime west la location turnkey 6-unit apartment building with huge upside in rents. Property features an excellent mix of 2-singles, 1-one bedroom one bath, 2-two bedroom two bath units and 1-three bedroom two bath unit suitable for an owner user. The property is separately metered for gas and electricity minimizing the owner's expenses and a laundry room for additional income. Situated on a 5,645 +/- s.F. Lot with an alley zoned lar-3 suitable to develop luxury condominiums. With significant upside of approx. 48% in rents, a savvy investor will be able to increase the cash flow of the property and add value to the asset by increasing the rents as the units turnover. 5 out of 6 units can be raised 3% immediately. Do not disturb tenants, drive by only. Shown with accepted offer.
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, Listed on
RAMIN GHEITANCHI, License# 01501715,
CHARLES DUNN WEST LA
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This 10 bedroom Multi-Family home
for sale in West Los Angeles, CA
is currently listed for $2,350,000.
Featuring a lot size of 5,663 Sq. Ft.,
1818 Federal Ave
was built in 1965 and
has been on ERA.com for 67 days.
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