4567 Alumni Ave is a pride of ownership 2-unit apartment building situated within walking distance to Occidental College. The property has been long operated as student housing since 1991 with steady supply of renters. With upgraded units and strong occupancy history, this offering presents a rare opportunity for investor to acquire a well located apartment within walking distance to Occidental College. The typical leases are 1 year lease.\r\n\r\nThe building sits on a 7,497 square foot lot, and is located very close to the Glendale freeway (FWY 2) and Ventura freeway (FWY 134). The back unit was of newer construction and was built in 1990. The apartment is a pride of ownership property with no known deferred maintenance. \r\n\r\nEach unit has been upgraded, with double pane windows throughout. Each unit has washers and dryers available, central A/C, tiled bathroom, and garage spaces. The main unit has private balcony. \r\n\r\nThe property is located in the heart of Eagle Rock near Downtown L.A., Pasadena, and Glendale. Eagle Rock is an artistic, eclectic, and exciting neighborhood that is home to the famed Occidental College. Brokered And Advertised By: Lee & Associates Investment Se Listing Agent: Handoko Chen
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