Detailed Introduction Of This Home
Welcome to this meticulously updated four-unit property nestled in a desirable & convenient neighborhood of Los Angeles. This property boasts four units, each offering 2 bedrooms and 1 bath, providing comfortable and modern living spaces with completely updated interiors. Every unit has undergone a comprehensive renovation, featuring new plumbing, electrical systems, new heating & A/C, tankless water heaters, NEW doors, windows and flooring. Each residence is equipped with a convenient in-unit washer and dryer, dishwasher, stove, oven, and refrigerator, ensuring convenience and comfort for residents. The property has off-street parking, and each unit is separately metered for gas and electricity, providing flexibility and convenience in utility management.
Situated in a prime location, this property offers easy access to shopping and transportation hubs, providing residents with unparalleled convenience in daily commuting and accessing amenities.
*Investment Opportunity: No need to take the many years required to bring a tenant's rent up to market, these units are already providing a good return. The recent upgrades and the property's excellent location contribute to a high-income potential for each unit, presenting an exceptional opportunity for investors or owner-users seeking a lucrative investment in the thriving Los Angeles real estate market. One unit is vacant, so rent it out to increase your return, or occupy it yourself for a great owner-user opportunity!
*Future Expansion Potential: Furthermore, the property comes with Ready-To-Issue (RTI) plans for two additional units, allowing for future expansion and increased rent potential, providing added value for the savvy investor.
This property is a rare find, offering updated units, excellent income with even more potential, convenient amenities, and the prospect for future expansion in one of Los Angeles' most sought-after neighborhoods. Don't miss this opportunity to own a prime piece of real estate!