Detailed Introduction Of This Home
***CASH COW!! 6.8 CAP -- WEST ADAMS! This is a great deal and the numbers speak for themselves. 26,480 total monthly rents at full occupancy. Two vacant units currently. Near TONS of development and just a short distance from USC. Two units currently vacant but fixed up and ready for the next owner. ***In an area of RAPID development. Amazing GRM and CAP rate. Fourteen residentuail studios on the top floor and 3 commercial spaces on the bottom level. Eleven of the 14 residentail units are updated with new floors, bathrooms and kichens. The Resturant and the School are on month to month leases with TONS of upside that can be captured quickly in those spaces. Ample gated parking in rear of property. Located on Western Ave within walking distance to USC, Exposition Park, Banc of California Stadium, Natural History Museum, and California Science Center. Near USC Village (Trader Joes, Target, Core Power Yoga, Sunlife Organics, Trejo's Tacos and more Restaurants, Coffee Shops, and shopping!). 1 mile from Expo/USC Station with easy access to DTLA & West Adams. Easy & convenient access to the 110 Freeway. This is a true turnkey investment property in a rapidly improving area!