1319 Masselin Avenue is a classic 1950'e era apartment building located in the Wilshire-Vista area of Mid-City Los Angeles. The property is on a quiet street in a very strong rental area that is close to all. It is an easy drive to West LA, Beverly Hills, Hollywood and DTLA. The building has been well maintained by the long-term owner and the Los Angeles City mandated soft-story retrofit work has been completed. Seller intends on completing a 1031 Exchange. This transaction will be coordinated with the simultaneous close of another downleg property. 6 of the units are paying an additional $38 in rent for the soft-story retrofit pass through. Please do not walk on property or disturb tenants in any way. Please see rent roll & full marketing package attached in (documents section). Please do not send text messages to listing agent for status, telephone calls are preferred.
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