We are pleased to offer for sale a seven unit (5+2 Non-Conforming) apartment community located at 318-320 North Avenue 52. The subject property offers investors the opportunity to acquire a property with attractive in-place returns in a rapidly gentrifying Highland Park location. Consisting oftwo buildings, the property is situated on a 7,860 square foot parcel. The property features large floor plans with parking for every unit and is individually metered for electric and gas*. Due to its 1907 construction, the property is subject to the Los Angeles Housing Department''s Rent Stabilization Ordinance.
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