Best and Final BID Deadline Wed. August 17, 2012. Back on Market, Seller Wants it SOLD. Property shows extremely well. First time on the market since acquired in 1978--full broker co-op. Six-unit apartment property with large 1+1s and 2+2s located in the heart of Mid-Wilshire/Koreatown. Building and grounds are meticulously maintained. Extremely low historical vacancy due to the property' s inviting curb appeal, attractive unit mix, ample parking, and proximity to Alexandria Avenue Elementary School, houses of worship, and dining/retail/transportation along Beverly Boulevard. Upgrades include all-copper plumbing, a 4-year-old pitched roof, individual water heaters, and a freshly paved driveway and rear parking lot. Separately metered for gas and electricity, very low overhead, truly a turn-key apartment ownership opportunity. Large units and approximately 35% upside in rents. All offers encouraged.
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