Property Detail

Description

Beautiful, Prideful and very well maintained & remodeled rental property with 21 creative Studio units in very close proximity to many shops and restaurants in the rapidly changing Pico Union area just West of Downtown LA! Nearly all units have been beautifully remodeled and the entire building is light, bright with a creative energy about it. 3 units will be delivered VACANT at close of escrow. New carpeting being installed in all hallways and also has newer roof. This area has been increasingly sought after by tenants for close proximity to Korea Town, Downtown LA and mass transit. Seller financing is a possibility. This is a great investment building with BIG upside potential and returns! Market rents for each of the 3 vacant residential units is $1,900 Max. Building Unit Breakdown: 18 Residential and 3 Commercial Retail (ALL REGULAR LEASES - NO Triple Net Leases!).