Property Detail

Description

INVESTMENT PROPERTY! Prime 5 unit investment opportunity in a desirable Los Angeles location. Fully occupied and operating with month-to-month tenants under LA rent stabilization (buyer to verify). Strong rental upside potential with improvements. Property needs TLC, including roof repair in one unit, making this an ideal repositioning project for experienced investors. Sale includes additional land with permits in place to build two 2 story units. A rare opportunity to increase density and long-term income. Seller willing to negotiate structure and pricing depending on whether buyer acquires both the 5 units and the land. Serious investors only. Do not disturb tenants.