The Hoston & Associates Team of KellerWilliams Commercial is pleased to present forsale a 4,024SF 5 unit apartment building locatedin Highland Park. The subject property isconveniently located near the 110 Freeway.The subject property is situated on a 5,750 SFlot zoned LARD2, with the home being built in1952 and front units built in 1964. The currentproperty owners have owned and self managedthe building for many years, and currently mosttenants are long-term, with room to increaserents three percent (3%) immediately. Thesubject property includes open parking in the rear. The 2Br + 1Ba units are approximately 880 SF while the separate 1Br +1Ba detached home is approximately 490 SF (per ZIMAS report). Rent per month for the 2Br + 1Ba units range from $575-$800 per month and the 1Br +1Ba unit is $450 per month. There are no laundry facilities at the property. The physical condition of both buildings appear to be in average condition for the age of the buildings.
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