Two renovated One-Bedroom Units + Year-One 4.64% Cap Rate + 55% Upside!!! Spectacular 6-unit apartment building in Mid City location: one of the most Centrally Located rental markets in Los Angeles. The property was built in 1959, and consists of 2 stories, and features on-site parking for all units. Unit Mix of (4) One-bedroom/One-bathroom units and (2) Two-bedroom/One-bathroom units. With spillover from tenants who are priced out of the surrounding neighborhoods ie. Miracle Mile to the north, and Culver City to the west, as well as from neighboring Koreatown and red hot West Adams, this asset is strategically positioned for a growing demand of tenants who want to be near everything and close to the action! Call today to schedule a tour.
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