Fabulous location in the solid and trendy Los Feliz area of Los Angeles. Architecturally designed three building two stories with 22 units. Unit mix is 20 one bedrooms and 2 two story town home styled units. Copper Plumbing; upgraded electrical; 7 year old roof. There are 27 assigned parking spaces as well; some garage and some open air. Excellent and stable tenants makes this one a solid revenue winner. Excellent locale on a great street. East Hollywood, studio, downtown access. Low expenses. Very long term tenants. 100% occupied; rarely turnover. All units are separately metered for gas and electricity. Wood framed and stucco exterior. Gorgeous setting and grounds. Building is solid...4.7% CAP and 14 Market GRM. Very rare for a building and revenue producer like this one to come up in their neighborhood and area.
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