There is huge upside in this large 4-plex located in the Mar Vista area! This is one of the hottest, rapidly appreciating, up and coming areas on the Westside! This large 4 unit +/-4,072 SqFt apartment building on a +/-4,995 SqFt lot in the Palms-Mar Vista area is priced at $1,550,000. It is a stable investment property with steady predictable cash flow in a rapidly appreciating area. It has HUGE UPSIDE IN RENTS and a favorable unit mix of 3 3+2 and 1 1+1 with 2 parking spots for each spacious unit. Quiet, tree lined street in a nice neighborhood with mostly houses and long term tenants. It is well located with easy access to the 10 and 405 freeways, transportation, shops and restaurants. It is within a few blocks of the new Metro Expo Line so you can easily get to downtown or the beach on the new rail line. It is separately metered and has been upgraded. This is perfect for an investor, a 1031 exchange or someone looking to occupy one of the units. Make an offer before it sells!
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