24-Unit Value-Add Opportunity - This is the first time the property has been on the market in over 20 years. Approximately 27% rental upside. ; Seismic Soft-Story Retro-Fit Work Completed - Seller is delivering with all the work completed. ; Excellent Unit Mix - Unit mix includes (1) studio / 1 bath unit; (9) 1 bedroom / 1 bath units; (4) 2 bedroom / 1.5 bath units; (9) 2 bedroom / 2 bath units; (1) 3 bedroom/ 2 bath unit. ; 100% Copper Piping Throughout The Building - Owner has replaced all plumbing with copper piping. ; Excellent Rental Collections Through Pandemic - There are 100% collections every month during COVID. ; High Demand/ Low Vacancy Rental Market - High historical occupancy due to close proximity to all major freeways, transportation hubs, major retailers and businesses. Located near the Mission Community Hospital. ; Major Development In The Immediate Area - Located near the Panorama Tower development which consists of 194 units as well as the Panorama City Mall expansion.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
