Residential Income Details
We are pleased to present an eight unit multifamily property located at 1375 West 20th Street, in Los Angeles, California. The property is situated just north of the 10 Freeway and west of Hoover Street.The offering features an excellent unit mix of one (1) one bedroom / one bathroom unit, and seven (7) two bedroom / one bathroom units. It comes with an assumable loan that is fixed at an attractive interest rate of 3.7% for the next four years; ultimately benefitting the investor with great initial cash flow. The property also hosts ample on-site parking for tenants and guests. With close proximity to the 10 freeway, this location allows tenants quick access throughout Los Angeles and Santa Monica.The subject property is a great opportunity for any investor to acquire an asset in one of Los Angeles' hottest markets, with great initial cash flow, low vacancy rates, and the opportunity to capitalize on excellent upside in rental potential.
|Number of Units||8|
|Listing Brokerage||Marcus & Millichap|
|Listing Agent||Jason Tuvia|
|Listing Agent BRE #||01772495|
Based on information from California Regional Multiple Listing Service, Inc. as of Saturday, October 6, 2018.
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