APN #'s 2234-017-015 & 2234-017-016 must be sold together (MLS #'s 20-560222 & 20-560250). Please see other MLS entry. This is a combined two (2) quadraplex offering residing across an adjoining double lot totaling ±18,600 SF. Meticulously well-maintained and stable asset with upwards of 45% in upside (stabilized 5.30 CAP & 13.6 X). Subject to City of LA RSO. Not subject to City of LA Soft-Story Retrofit Program. Little deferred maint. and most major components (roof, electrical, plumbing and foundation) are in fair condition. Amenities include an on-site laundry (leased), overhang storage cabinets, eight (8) garaged parking spaces and three (3) uncovered, 2 large enclosed front yards. Owner responsible for water/sewage and tenants are responsible for gas, electric and trash. The 1BR units are approx. 850 SF & the 2BR units are approx. 950 SF. The most recently renovated units included granite countertops, remodeled bathrooms and refinished hardwood floors. Thank you for viewing!
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