This 8 unit two story apartment complex is located in the heart of the mid-Wilshire area near Koreatown, Hancock Park, and downtown Los Angeles. It is situated on a quiet street and is conveniently located near markets and restaurants. The apartment complex, which consists of one 3+2, two 2+2, four 1+1, and one studio units, has on site parking and is always in high demand with very little vacancy. The current rents are low so there is potential for a significant increase in rental income. In addition, the on-site laundry facility also currently provides additional income for the owner which is about $200/month or $2,400/year. The apartment, which recently has a new roof, is a low maintenance building, is easy to maintain, and is to be sold as-is present condition.
Number of Units : 8
Unit 1 : Number of Unit(s) : 1
Unit 1 : Total Bedrooms : 3
Unit 1 : Total Bathrooms : 2
Unit 2 : Number of Unit(s) : 2
Unit 2 : Total Bedrooms : 2
Unit 2 : Total Bathrooms : 2
Unit 3 : Number of Unit(s) : 3
Unit 3 : Total Bedrooms : 2
Unit 4 : Total Bathrooms : 1
Number of Units with Range/Oven : 8
Number of Units with Refrigerator : 8
Number of Units with Washers : 8
Unit 3 : Total Bathrooms : 2
Unit 4 : Number of Unit(s) : 4
Unit 4 : Total Bedrooms : 1

Street Address: Address not disclosed
City: Los Angeles
State: California
Postal Code: 90005
County: Los Angeles
MLS Number: WS23141948
Courtesy of Thomas Iping Lo, Broker

Similar Properties

$295,000,000
21 bds 49 ba 105,000 Sqft
$195,000,000
11 bds 18 ba
$165,000,000
14 bds 27 ba 56,500 Sqft