Major price reduction on this 7 unit investment opportunity in a charming Mid-City neighborhood. This property uniquely features a lovely Spanish Hacienda style 3 Bed/2.5 Bath front house/owners unit, and a detached building that is separated by a courtyard from the house with (2) 1 Bed/1 Bath units and (4) Singles for 7 total units. The property perimeter is completely gated for tenant security. The owners 3 Bed/2.5 Bath house and one of the 1 Bed/1 Bath units will be delivered vacant for the new owner. There is a garage in the front and (4) four in the back for a total of (6) six garages. All garages except for (1) one will be delivered vacant for the new owner to increase revenue. There is a vacant on-site laundry room with washer & dryer hookups. The property is separately metered for both gas & electricity. The property has the highly desirable LAC2 zoning which offers a myriad of adaptive re-use options for the future. All current rents can be raised 4% in January of 2020.
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