We are pleased to offer for sale this four (4) unit multifamily investment opportunity located at 1954 Park Grove Avenue, just a short distance from the internationally renowned University of Southern California (USC). This two-story building, consisting of one single structure, was constructed of wood frame and stucco on a raised foundation built in 1921 with a square footage of 3,688 on a 6,520-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of four (4) 1-bedroom +1-bathroom units. The subject property is 75% occupied, and is subject to the City of Los Angeles rent control regulation.The investment boasts spacious floor plans, four (4) large storages/ garages , on-site parking, recently painted, and individually metered for gas and electricity.
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