Charming and well-maintained 20-unit investment opportunity in prime Miracle Mile, one of the most desirable submarkets of Los Angeles. The property has undergone interior and exterior renovations, while offering the opportunity to add value through additional renovations. The Property features 20 well-designed studio units, which are the most coveted unit type for Los Angeles' urban renter pool. 10 out of the 20 units have been extensively renovated with high-end finishes which include new stainless-steel appliances, quartz countertops, laminate and tile flooring, new kitchen cabinets and tile backsplashes, new fixtures, new paint, and A/C units, and 4 of the units have been partially renovated. The Property is a Walker's Paradise, conveniently located amongst nearby amenities including famous restaurants, trendy bars, shopping, hotels, entertainment venues, museums and local transportation. Tenants a 4-minute walk to upcoming Metro's Purple Line at Wilshire/La Brea station.
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