Most of the apartments have recently undergone remodels and several tenants have on-site parking. Tenants pay for electricity and gas, while the owner pays for water, sewage and trash. The property is located in the Westlake submarket of Los Angeles, and is adjacent to the highly desirable Echo Park and Downtown LA neighborhoods. Because of this proximity, the area is transforming rapidly as hipster and yuppie tenants move in to avoid the higher rents found in the surrounding neighborhoods. Savvy investors are following suit and purchasing apartment buildings in Westlake, as they see this trend accelerating. If you're tracking the market and reading the news, then you know that it is a seller's market and very difficult to find a property that makes financial sense. With that in mind, we've priced this property to sell and at list price, this property offers signific
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