Highland Park Adjacent! A highly unique multifamily investment opportunity in the Cypress Park community of Los Angeles! This fantastic location is just blocks from the LA River and Figueroa, and is situated in a rapidly transitioning mixed use pocket that now houses art galleries as well as 4.5-5 star Yelp reviewed restaurants within blocks of the property! In addition, the Riverview Residences affords residents a hillside retreat feel, as it is situated on an expansive lot of more than 13,000 SF, lined with palm trees and holding two structures. The upper structure has excellent views of Dodger Stadium fireworks, the Hollywood sign and Griffith Observatory. There is open parking for all tenants as well as a gated side yard facing Idell that can be converted to a garden, private patio, additional storage area, etc. The property is separately metered for gas & electricity, has income producing on-site laundry facilities, and 6 of the 8 units feature copper plumbing!
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