FANTASTIC INVESTMENT with excellent cash flow in Opportunity Zone near Downtown Los Angeles! This charming updated Craftsman style five-unit property consists of two structures, two-story front building with three units and a detached single story duplex in the back. It's well located on Vernon Avenue near Expo Line and 110 freeway. It provides excellent cash flow with additional 15% upside potential in rents and very low maintenance. Three units (3+2, 2+den+1, 1+1) have been recently remodeled with new kitchens and bathrooms, flooring and stainless steel kitchen appliances. The 3+2 remodeled unit has laundry inside. The property is located in fast growing neighborhood of Downtown Los Angeles Live Hub, USC, public transportation, new metro lines, schools, libraries, hospitals, shopping centers, entertainment and it has easy access to all major freeways. All units are tenant occupied, NO vacancies. Drive by only, offers subject to interior inspection. Please do not disturb the tenants.
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.
