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Investor's Dream in Prime Location - Fully Occupied 14-Unit Multifamily Complex. Don't miss this exceptional opportunity to own a 14-unit apartment complex about 15 minutes from Downtown Los Angeles! Situated on a generous 13,563 sq ft lot, this income-producing property offers immediate cash flow with 100% occupancy and strong rental upside. Each unit features 2 bedrooms and 1 bathroom, with separate electric and gas meters for tenant convenience and operational efficiency. The property includes 14 individual on-site parking spaces, a rare and valuable amenity in the area. Additional features include on-site owned laundry facilities and a dedicated storage room"”both increasing tenant satisfaction and revenue potential. Four of the units have been fully remodeled, offering modern finishes and increasing market appeal. The property is ideally located near major freeways, public transportation, shops, restaurants, and schools"”making it highly desirable for tenants. Whether you're expanding your portfolio or seeking a 1031 exchange opportunity, this property checks all the boxes for long-term value and immediate return.
Last Updated | 6/3/2025 | Year Built | 1964 |
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Community | 621 - El Sereno | County | Los Angeles |
Additional Details
AREA | 621 - El Sereno |
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LOT | 0.3114 acre(s) |
LOT DESCRIPTION | Corner Lot |
PARKING | Assigned, On Site |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
UTILITIES | Electricity Available, Sewer Available, Water Available |
WATER | Public |
Location
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