Property Detail

Description

Incredible opportunity to acquire a well-maintained 8-unit apartment building in the heart of South Los Angeles, offering significant upside in rental income. Each of the 8 units features 2 bedrooms and 1 bathroom, currently occupied by long-term tenants at below-market rents, presenting a clear path for future rental growth. Five of the units are Section 8, providing stable, government-backed rental income with room for approved increases. This asset is ideal for investors seeking immediate cash flow with value-add potential. With low maintenance requirements and competitive pricing, this property is poised for repositioning to enhance both cash flow and equity. Located in a high-demand rental area, just minutes from the 110 and 105 freeways, LAX, and major retail centers, parks, and entertainment venues. Tenants will appreciate the convenience, while investors will appreciate the upside. BEST PRICED in the direct area. This is a must see!