PRICE IMPROVEMENT! Seller has identified replacement property and is looking for a quick sale! Introducing a rare opportunity to own a well-maintained 5-unit property in a highly desirable location in East LA near the Montebello border.
Unit mix of spacious 1- and 2-bedroom units with historically low vacancy rates. Upgrades include a newer roof (2020), upgraded flooring, plumbing and bathrooms in select units. Each unit is separately metered for gas and electricity and offers convenient on-site parking for tenants. There are Laundry hook-ups available for added revenue (not currently in use). The property offers easy access to the 5, 710, and 60 freeways and is minutes from Downtown Los Angeles, shopping, dining, and public transportation.
The neighboring 5-unit property at 6053 Allston St. is also available for purchase under a separate listing #OC25015284 offering the potential to create a 10-unit compound. Drive-by only subject to accepted offer. Do not disturb tenants.