Detailed Introduction Of This Home
Great opportunity to own a well-maintained, classic "two up, two down" Spanish 4-unit building in Mid-City, North of 10 freeway. Enter front yard through beautiful archway hedged with bougainvillea that leads to attractive front yard, patio, and lobby entrance with interior staircase. Building features four large 2+1 units with longer-term tenants. Strong current rents and significant up-side potential! Actual rents: $1,161.36, $1,446.70, $2,100, and $2,100 ($6,808/month total). and two tenants ($2,100/month each) have not had recent rent increases. These two units were updated 5-10 years ago, including new kitchen, new tiled bathroom, carpet in bedrooms, and hardwood floors in living and kitchen. Laundry hook-ups in some units and good amount of closet space. Exterior was just painted. Each unit has their own parking space at the back or build up to 2 ADU's per LADBS. Great location just a few blocks from Midtown Shopping Center, numerous coffee shops, restaurants, food trucks, and recreation facilities.