The 10 unit subject property is 1/2 block from some of LA's hippest retail and dining along Venice Blvd, several blocks from Sony Studios and boasts a Walkscore of 91. In addition to being ideally located: the Seller recently completed the LADBS Mandatory Soft Story Retrofit ($120,000+/-), all the 2 Bed units (one of which is townhouse-style) have 2 Baths, the roof is newer and the building has benefited from conscientious and steady maintenance, due to long-term, local ownership. The building is fronted by attractive landscaping and has a secured entry. And there's plenty of parking underneath and off the alley - almost 20 spaces, some tandem. There's an on-site laundry facility and the property has separate gas and electric meters.1976-construction, large units that average almost 900 square feet and 200 bps of unrealized rent upside on market rents! A tried-and-true investment opportunity in one of the Westside's most-desirable rental submarket.
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.
