Property Detail

Description

1862 W. 20th Street is an eight unit multifamily investment in a strong rental corridor of Los Angeles. Constructed in 1965, the property consists of seven (7) 1-bedroom / 1-bathroom units and one (1) 2-bedroom / 1-bathroom unit, offering a desirable unit mix that appeals to a broad tenant base. The asset is currently fully occupied, providing immediate in-place income and operational stability for an investor seeking dependable cash flow. The building contains approximately 5,481 rentable square feet and is situated on a 6,694 square foot lot. Its full occupancy and established tenancy make it a compelling opportunity for buyers looking for a performing asset with day-one income rather than a heavy repositioning play. The property's efficient scale is also attractive for private investors and operators seeking manageable oversight without sacrificing meaningful unit count. Tenant convenience and retention are supported by practical on-site amenities, including an on-site laundry facility and gated, secured on-site parking. These features enhance the property's appeal in a competitive leasing environment and contribute to long-term desirability.