11 bedroom house for sale

Los Angeles CA 90005

Overview

This 8 unit two story apartment complex is located in the heart of the mid-Wilshire area near Koreatown, Hancock Park, and downtown Los Angeles. It is situated on a quiet street and is conveniently located near markets and restaurants. The apartment complex, which consists of one 3+2, two 2+2, four 1+1, and one studio units, has on site parking and is always in high demand with very little vacancy. The current rents are low so there is potential for a significant increase in rental income. In addition, the on-site laundry facility also currently provides additional income for the owner which is about $200/month or $2, 400/year and is not included in the gross schedule rent figure. The apartment, which recently has a new roof, is a low maintenance building, is easy to maintain, and is to be sold as-is present condition.

Details

  • Beds: 11
  • Baths: 11
  • Price: $2,400,000
  • Reference No.: 69498518
  • Area: 6,293 sqft

Location

Los Angeles CA 90005

11 bedroom house for sale

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2024-03-16, Viewed 0 times.