We are pleased to exclusively offer for sale this 15 unit multi-family property located in the city of Los Angeles, minutes to the University of Southern California. The unit mix is comprised of 12 (1bedroom/1bathroom) units and 3 (Studio) units. The subject property is separately metered for electricity and gas which the tenants are responsible for, while the owner pays for water and trash. Tenants enjoy onsite gated parking as well as an onsite laundry facility. Please note that the current owner pays for an onsite manager, but this fee can be eliminated with a new investor significantly increasing one's net income. With a market cash-on-cash return of 10.45%+ this is a great value add opportunity.
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.
