We are Pleased to present this 4-unit pride of ownership multifamily property. this is adorable bungalow courtyard style layout with lots of palm trees. Located in central los angeles lot is 7000 sqft lot zoned RD2-1. This property consist of 3 residential buildings building to the right is a 3 bed, 2 bth, building to the left consist of 2- 1bed-1bth units the rear 1 bed has been freshly painted with new water proof flooring, new appliances, we have potential section 8 tenant at $1550. per month and building at the rear is 4 bed 2 bth there is also 1 permitted storage approx. 90 sqft this property cash flows now. property has wrought iron around front of property and secured gate entrance. Conveniently located walking distance to bus stops, banks, shopping best of all less than 15 minutes to USC, Staples center, even new SOFI stadium. Bring your investors Now. The owner is listing agent and buyer to cooperate with reverse 1031 exchange at no expense to Buyer. unfortunately due to reverse 1031 this property can not be sold with FHA or VA financing. Buyers and buyers agent please do your due diligence seller purchased property with current layout but does not match assessor room count. 3 units are currently rented section 8, We have potential section 8 tenant for fourth unit - 1b1bth unit who is ready to pay @ $1,550.
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