15 units located in North Hollywood subject to City of LA Rent Control. Huge rental upside of over 50% to over an 7.5% CAP at market rents - many long term tenants. There is onsite laundry and the Owners have completed the soft story retrofit. The property features a total of 15 parking spaces. It has an onsite Laundry Room on a lease and is professionally managed. The property went through a big SCEP inspection in 2019 and the Owner spent over $50K in required repairs. The owner installed a new Elastomeric Roof in 2019 ($26K). Contact the Listing Agent for a Marketing Package with a Rent Roll.
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