Located on a charming tree-lined street in up-and-coming El Sereno, this 4-unit complex is perfect for an owner/user looking for supplemental income or for an investor looking for steady cash flow with upside potential. The property consists of a delightful 2BR front house with three units in the rear. The front house dates from 1920 and retains many original architectural details, including hardwood floors and wood casement windows. Relax on the front porch and watch the world go by!! The well-crafted rear units were built circa 1958 and have a mid-century ambiance and natural wood is used extensively. Several kitchens and bathrooms have been updated. There is a laundry room on the premises. The property has been well maintained and owned by the same family since 1948. Recent upgrades include new roof and new exterior paint. El Sereno is an up-and-coming market with a central location making it ideal for people working in Downtown LA, the USC Health Science Campus, or for students attending nearby universities. Front house is 2BR/1BA. Rear units include one 2BR/1BA and two 1BR/1BA. Current annual gross scheduled rents are $45,960.
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