Beautifully renovated 4-unit property in the heart of Highland Park, located minutes from Figueroa and York Blvd cafes, restaurants, and shops. This property encompasses three 2-bedroom, 2-bath residences and a fourth 2-bedroom, 1-bath residence, all generating above market rents. The gated, manicured front lawn presents instant curb appeal, and inside, each residence is bright and inviting, featuring hardwood floors, recessed lighting, and sunlit kitchens with new quartz counters and stainless steel appliances. All of the property's systems--including electrical, plumbing and air conditioning-- have also been updated with ease of management in mind. Onsite tenant amenities include 5-car parking and in-unit laundry. A unique investment opportunity, this property is centrally located near the Metro line and less than 15 minutes from Downtown LA, Old Town Pasadena and Glendale. Zoned RD2, Ash St currently offers space for an additional 700-square-foot ADU and by-right potential to build up to 14 units on the property. Property has potential to sit on a 6.4% cap after the ADU build out.
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