BRC Advisors, as the exclusive listing agent, is pleased to offer for sale this six (6) unit multifamily investment opportunity, located in the City of Los Angeles. This two-story building was constructed of wood frame and stucco on a raised foundation built in 1990 with a square footage of 8,309 on a 11,358-square foot lot.
Meticulously landscaped and recently renovated, the subject property represents a very desirable asset in the supply-constrained Hyde Park sub market. The building has been reinforced and upgraded in compliance with the latest City codes and regulations, and is comprised of a remarkable unit mix, consisting of four (4) 4+2 units, and two (2) 2+1 units.
The investment boasts spacious floor plans, secured gated entry, laundry hookups within each of the units, twelve (12) on-site parking spaces, new copper plumbing, recently painted, and individually metered for gas and electricity. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier property that will provide exponential returns. The investment allows an investor to capitalize on a densely populated, affluent, and gentrifying area that continues to experience rapid rent growth.
PLEASE NOTE THE FOLLOWING:
1) DO NOT DISTURB TENANTS, DRIVE BY ONLY
2) Interior Inspection/Books & Records Granted with an Accepted Offer
3) Seller Selects all Services
4) Submit Current Proof of Funds
5) Submit Offer on Residential Income Property Purchase Agreement - CAR form
Disclaimer: All information has been secured from sources we believe to be reliable. However, we make no representations 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.
