NON-RENT CONTROLLED property, located in an Unincorporated area known as Westmont District (NOT in the city of LA). Consists of seven (7) apartment units, all single-story (duplex style), 6 enclosed garages with a detached layout. Features a well balanced unit mix of 2-bedroom, 1-bedroom, and studio units. Separately metered for gas and electricity. It has room to increase rents. Because of its location, the subject property has the advantage of NO RENT CONTROL! This offering presents an excellent opportunity for the astute investor to take advantage of a well located NON-RENT CONTROLLED asset, immediately raise rents and increase cash flow. In addition, the property has undergone many recent capital improvements such as: New stucco, All copper plumbing, All vinyl windows, New shingle roof layer, Gutters / downspouts, Wood plank flooring - select units, One bathroom - Full remodel. * 1-bedroom unit is permitted as office space and has been operating as an apartment for decades.
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