Detailed Introduction Of This Home
Located 1.5 Miles from Larchmont & 3.5 Miles from Downtown Los Angeles -Close Proximity to Dining, Retail Shopping, & Entertainment of Koreatown & Hollywood -Outstanding Unit Mix of Three-Bedroom Plus Den House & Two-Bedroom Units -Four of the Units Were Built in 1987 -Large 8,247-Square Foot Lot Zoned R3 - Presents Redevelopment Opportunity -Convenient Access to Metro Stations & Freeways - Immediate Transit to Employment Hubs of Los Angeles & Downtown -Fully Remodeled Three-Bedroom Plus Den House with Private Front Yard -Partial Copper Plumbing, Eight Parking Spaces, On-Site Laundry Facility, & Security Camera System -Four of the Five Units Have Been Remodeled -Over 20% in Rental Upside -Current Cap Rate of 5.00% & Current GRM of 13.99 -Pro-Forma Cap Rate of 7.00% & Pro-Forma GRM of 10.35