Detailed Introduction Of This Home
We are pleased to present a nine (9) unit apartment building located at 1320 Armacost Avenue in Los Angeles, California. The subject property is located in a prime West Los Angeles location, north of Santa Monica Boulevard and east of Bundy Drive. Built in 1970, this property contains a comprehensive unit mix of one (1) studio / one-bathroom unit, four (4) one-bedroom / one-bathroom units, three (3) two-bedroom / one-bathroom units, and one (1) three-bedroom / two-bathroom unit. Fully parked on-site tuck-under parking is available at the front and rear of the building. The units are large, averaging just under 900 square feet each. Select units feature balcony space overlooking a lovely residential corridor in one of the most upscale markets of Los Angeles. Tenants will love living just down the street from incredible amenities such as Literati Cafe, Sushi Sasabune, Wood Ranch, Q's Restaurant, Blu Jam Cafe, and Target. The area is widely known to attract highly affluent tenants with jobs in tech and media around Silicon Beach. Situated in a prime West Los Angeles location, this is an excellent opportunity for any investor to capitalize on strong rental upside in one of the most affluent markets of Los Angeles.