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. The tenants enjoy the convenience of onsite laundry facility and close proximity to all the shops and popular restaurants on sawtelle blvd. Situated on a 5,645 +/- s.F. Lot with an alley zoned lar-3 suitable to develop luxury condominiums. With significant upside of approx. 39% 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. 4 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 $2,200,000.
Featuring a lot size of 5,646 Sq. Ft.,
1818 Federal Ave
was built in 1965 and
has been on ERA.com for 22 days.
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