Residential Income Details
MULTI UNIT great investment for rent or flip. Located in one of LA's hottest locations minutes away from Downtown LA. The property boast ample space with almost 7,000 square feet of property, lush greenery, and 3,522 square feet of living space. The property features gated parking for up to 6 cars and alley access (PARKING CAN BE USED AS POTENTIAL ADDITIONAL INCOME FOR THE BUYER). The remaining basement space is currently being used as storage but the seller has a standing bid to convert the storage space into a 2 bedroom unit with permits for $80,000. Improvements should significantly increase the property value with estimates from the contractor of up to $200,000 above current list price in todays market. The structure has new upgraded double panewindows, new exterior paint, 4 water heaters, 3 electrical meters. Buyer to do all due diligence.
|Number of Units||3|
|Listing Brokerage||Trust and Estate Realty|
|Listing Agent||Jonathan Adrillana|
|Listing Agent BRE #||01944224|
Based on information from California Regional Multiple Listing Service, Inc. as of Friday, August 17, 2018.
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