Description

Investment offering represents an opportunity for an investor to own a 16 unit apartment building located in a high demand rental area in Los Angeles County Strip non rent-controlled section. The subject property was built in 1955 with two separate buildings 6 units and 10 units on the same lot, a total of 16 units which all are one (1) bedroom and one bathroom. Amenities include 16 open parking spaces, a laundry room with 2 washers and dryers for tenants convenience. All units are separately metered for gas, and electric. Water and Sewer is master metered and paid by the owner. The roof is a composition shingle.