The Davis Saadian Group of BRC Advisors - Beverly Hills, is pleased to offer for sale this seven (7) unit multifamily investment opportunity, located in the prime West Adams neighborhood. The subject property is constructed of wood frame and stucco in 1922, with approximately 2,954 rentable square feet on a 6,651 square foot lot. The asset is comprised of two (2) single-story structures, with a unit mix consisting of seven (7) one-bedroom + one-bathroom units. The investment boasts spacious floor plans, secured gated entry, three (3) on-site parking spaces, recently painted, and individually metered for both gas and electricity. The property is currently 100% occupied, with one (1) tenant going through with the eviction process.
Given the location, attractive local area amenities, and opportunity to increase rental income, this provides an investor with the unique opportunity to acquire a premier West Adams property that will provide healthy returns.
PLEASE NOTE THE FOLLOWING:
1) DO NOT DISTURB THE TENANTS.
2) Submit Offer on a CAR Residential-Income Purchase Agreement.
3) Interior Inspection/Books & Records Granted with an Accepted Offer.
4) Submit Proof of Funds & Pre-Qualification Letter with Offer.
5) Seller Selects all Services
Disclaimer: All information has been secured from sources we believe to be reliable. However, we make no representation or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information above and bears all risk for any inaccuracies.
