Detailed Introduction Of This Home
8-Unit Apartment Complex. Prime Investment Opportunity, with strong 4.5% Cap Rate located in El Sereno, Los Angeles. This well-maintained apartment complex, nestled in a rent-controlled community, offers the astute investor a solid return on their investment and the potential for long-term gains. Comprising of 7 spacious 2-bedroom, 1-bathroom units, and 1 additional 1 bedroom, 1 bathroom unit, with an office/storage, this property offers a total of 15 bedrooms and 9 bathrooms. Spanning 7,036 square feet, this apartment complex sits on a generous 10,793 square foot lot, allowing for ample green space or future development opportunities. The property is located in a tenant dense area that is near USC, CSULA, Art Center, Pasadena, Alhambra and Downtown LA. Close proximity to key amenities, schools, and transportation options, making it appealing to a wide range of renters. Seize this opportunity to invest in a robust and profitable property. Contact us today for more details. This investment provides a reliable stream of income, making it an attractive addition to your portfolio, don't miss the opportunity to add this property to your RE portfolio.