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Amazing prime investment in this OPPORTUNITY ZONE. This 8-unit apartment complex has excellent unit mixes of (2) 3 bedrooms/1 bathroom, (5) 2 bedrooms/1 bathroom, and (1) 1 bedroom/1 bathroom. Units have been tastefully remodeled to go along with a brand NEW roof install last year in one of the buildings. A 2 bedroom unit will be delivered VACANT & remodeled. There is an onsite community laundry room. The rear has a 4 car garage with access to alley exit that can be converted to ADU's. All tenants are on month-to-month leases and consistently meet their obligations. Huge Rental Upside with 11.46 GRM AND 5.9% CAP. Don't miss out on this smart investment in a sought-after location.
Last Updated | 9/10/2024 | Tract | Wrigley Area (WR) |
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Year Built | 1944 | Community | Wrigley Area |
Garage Spaces | 4.0 | County | Los Angeles |
Price History
Prior to Sep 10, '24 | $2,195,000 |
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Sep 10, '24 - Today | $2,200,000 |
Additional Details
AIR | None |
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APPLIANCES | Gas Oven |
AREA | Wrigley Area |
CONSTRUCTION | Drywall |
GARAGE | Garage, Yes |
HEAT | Central |
HOA DUES | 0 |
INTERIOR | All Bedrooms Down, All Bedrooms Up, Ceiling Fan(s) |
LOT | 7487 sq ft |
LOT DESCRIPTION | 6-10 Units/Acre |
PARKING | Garage |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
STYLE | Traditional |
SUBDIVISION | Wrigley Area (WR) |
UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected,Overhead Utilities, Electric: Standard |
VIEW DESCRIPTION | None |
WATER | Public |
ZONING | LBR2N |
Location
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