Description
Well-maintained two-story building benefitting from a newly painted trim along with recently replaced windows throughout | Opportunity exists to renovate the units with new flooring, countertops, appliances and fixtures to achieve higher rents | 20% rental upside with additional income opportunities through bill-back of utilities | 100% occupied with all tenants paying rent Low expense burden should allow for positive cash flow on day one of ownership | Underutilized backyard area leaves potential to add Covid-friendly amenity space for residents
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12BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
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5,714SQFT
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$444$/SQFT
School Ratings & Info
Description
Well-maintained two-story building benefitting from a newly painted trim along with recently replaced windows throughout | Opportunity exists to renovate the units with new flooring, countertops, appliances and fixtures to achieve higher rents | 20% rental upside with additional income opportunities through bill-back of utilities | 100% occupied with all tenants paying rent Low expense burden should allow for positive cash flow on day one of ownership | Underutilized backyard area leaves potential to add Covid-friendly amenity space for residents
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-08T16:42:58.053. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.