Great Value-Add Opportunity in the Heart of 90011!
This four-unit property presents an excellent opportunity for investors or owner-users looking to add value and maximize income potential. The property offers 3 vacancies, fully renovated 3 units, making it ideal for immediate rental upside or renovation strategies.
Recent improvements over the last few months and years include interior paint, updated flooring, newer windows, new roof, new electrical lines, electrical boxes, new kitchens, water heaters, and copper water plumbing lines throughout. These updates provide a strong foundation for a great investment.
Located in a high-demand rental area just blocks from Downtown Los Angeles. Units are conveniently close to Los Angeles Memorial Coliseum and University of Southern California, with easy access to employment, entertainment, and transportation hubs.
This investment also features a large front parking area, offering excellent convenience for tenants and the potential to attract higher rental income.
With limited four-unit properties on the market that offer this level of vacancy and upside potential, opportunities like this do not last long! Must see to appreciate this rare opportunity for investors to reposition and maximize returns.