Description
We are pleased to present this value-add, 18-unit investment opportunity located in and high-rental demand Westlake area of central Los Angeles which is adjacent to Koreatown to the West, Silver Lake to the North and Downtown Los Angeles to the East. This is a great opportunity for a value-add investor, as the rents are currently below market. This two-story, 12,156 square foot, garden style apartment building was built in 1922. The building is situated on a 13,304 square foot LAR3 zoned parcel. The property consists of 16 one-bedroom units and two two-bedroom and one-bath units. The residents have a wide range of amenities and recreation areas close by. The property's central location has access to the 101, 110 and 10 freeways. Shown with accepted offers only. Please do not disturb the tenants or seller.
Location
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Based on information from CRISNet MLS all data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Updated: 28th May, 2023 10:14 AM (UTC)
