Description
It is our pleasure to offer this prime 10 Unit income producing apartment building For Sale. Located in Hyde Park in close proximity to LA's newest Metro Line, unit mix consists of six 1 bedroom +1 bath and four 2 bedrooms +1 bath units. Unit 1 (2 bedroom + 1 bath) to be delivered vacant to Buyer. Roof and water heater were replaced in 2019 and units are separately metered for gas & electricity. 10 onsite parking spaces located in the rear (a mix of uncovered and covered/carport). This is NOT a soft-story building, so no City of LA Earthquake Retrofitting is required. Onsite Laundry area (no laundry equipment currently onsite) offers additional income opportunity. Take advantage of this great turnkey investment opportunity and upside in rents!
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14BEDS
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0.26ACRES
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0BATHS
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01/2 BATHS
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6,688SQFT
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$299$/SQFT
School Ratings & Info
Description
It is our pleasure to offer this prime 10 Unit income producing apartment building For Sale. Located in Hyde Park in close proximity to LA's newest Metro Line, unit mix consists of six 1 bedroom +1 bath and four 2 bedrooms +1 bath units. Unit 1 (2 bedroom + 1 bath) to be delivered vacant to Buyer. Roof and water heater were replaced in 2019 and units are separately metered for gas & electricity. 10 onsite parking spaces located in the rear (a mix of uncovered and covered/carport). This is NOT a soft-story building, so no City of LA Earthquake Retrofitting is required. Onsite Laundry area (no laundry equipment currently onsite) offers additional income opportunity. Take advantage of this great turnkey investment opportunity and upside in rents!
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-07T23:43:55.073. 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.