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Welcome to a fantastic investment opportunity in the vibrant Pico/Union area fourplex with a 5% cap rate! This property is perfectly situated just steps away from L.A. Live, shops, galleries, restaurants, transportation, schools, and the LA Red Shield Community Center. Each of the four units features a 1-bedroom, 1-bathroom apartment, with several units recently renovated, adding to the property's appeal and potential.This fourplex offers a great addition to any investment portfolio, located in a dynamic and thriving community with excellent growth potential. Don't miss out on owning in one of Los Angeles' most exciting neighborhoods! The property is fully occupied and with no vacancy.
Last Updated | 1/14/2025 | Year Built | 1905 |
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Community | Downtown L.A. | County | Los Angeles |
Additional Details
APPLIANCES | Disposal, Refrigerator |
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AREA | Downtown L.A. |
GARAGE | None |
LOT | 2050 sq ft |
PARKING | None |
SEWER | Other |
STORIES | 2 |
STYLE | Traditional |
VIEW | Yes |
VIEW DESCRIPTION | City Lights |
ZONING | LARD1.5 |
Location
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