The newly renovated 9-unit apartment building of 2691 Griffin Avenue sits in the ever-growing Lincoln Heights sub-market of Los Angeles. This opportunity offers an investor stabilized rental income with great cash on cash return and low maintenance moving forward. Apart from stable current income, the upside can be seen with steady appreciation in the gentrifying market of Lincoln Heights and future rent growth as more business professionals move to the area. This investment opportunity is a great way for an investor to see incredible cash flow with no deferred maintenance moving forward. Because the property was renovated with great attention to detail in 2019, the management of these apartment units will be smooth from now into the future as Lincoln Heights continues to experience rent growth and appreciation. 9 Units Renovated in 2019, Property in a Qualified Opportunity Zone, 5.4% Cash on Cash Return, Individual Water Heaters for each unit, Tenants pay Gas, Electric and Trash
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