First time on the market. Ever. Outstanding investment opportunity in classic Los Feliz/Hollywood bread 'n butter area. Owned & managed by one family since its inception. Great 9 unit mix comprised of 5 (1+1s), 3 (2+2s) & 1 Studio. Offering includes a large, truly unique owners unit w/ its own yard, plus there's a 2nd front owners unit that just completed a completely gorgeous, brand new remodel, and is vacant & ready for occupancy. 2 additional 1 bedrooms just became vacant and are ready for upgrades to enjoy immediate upside, beyond what's reflected in proforma. Unit 4 shows an estimated $2,800 rent if not owner occupied & recently vacated Units 3 & 9 reflect estimated rent if just cleaned up and not remodeled. Additional income therefore likely and not even reflected in proforma. Centrally located, controlled access entry, subterranean garage & coin-op laundry too. Pencils nice. Proformas estimated. * PERFECT for 1031, value-add seekers & portfolio investor clientele. *
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.
