Detailed Introduction Of This Home
Four recently completed & exquisitely renovated units South of USC. Seller is in the process of leasing the last two units and based on the first two units already leased this will be at least a 7% cap rate presumably higher. The large 3+2 unit has an upper bonus study/living room area and potential FOURTH BEDROOM area. This is a gentrifying location. They recently built the Chesterfield Square mall with Starbucks, Jamba Juice, Walgreens, Panda Express, Food 4 Less, Home Depot, etc. All are a 5 minute walk away. Plus they are building 44 brand new luxury units at the end of the block. This location is Very Walkable - 78 Walk score and is a Transportation Oriented Development area that has attracted $2 Billion Dollars in new development and investors are eyeing additional multi-use developments. One unit is leased and owner awaits Section 8 approval for the 2nd leased unit. All of this is in the marketing package. ***PLEASE REQUEST A MARKETING PACKAGE***