Average square foot calculated using Size range provided by listing agent.
Description
Well Maintained 14 Unit Building in Hyde Park area of Los Angeles very very Close to Light Rail and a few short Minutes to So Fi Stadium, Forum, View Park/ Windsor Hills Area and Many Other Great LA Areas. This Area has had an amazing Transformation in the last few years and now is Highly Sought After in the Income Property area due to its Proximity to all of the Recent Real Estate Developments, Stadiums and Events that are a " Stones Throw" away from this Area. The building has (14) Spacious 1 Bed / 1 Bath Units with Gated parking in the rear. Within the Last Few Years a Roof was Replaced, New Windows were installed and Other Upgrades inside a few Units. Potential Buyers Can realize an immediate 25% in Rental Income by Simply filling at least (3) Vacant units (2 are Rent Ready) , and there is (2) Other Potential Vacancies as well. The Cap Rate with the Actual Rents is 5.0% but can easily be 8.0%. Don't Miss a Chance to Gain " Cash Flow" on your Investment with This Property!Show Description
MLS® Number25555455
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1958
Stories0
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatWall Furnace
A/C
Heating Fuel
Extras
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