PROPERTY IS PART OF A PROBATE SALE. THE LOYOLA APARTMENTS CONSISTS OF (2) SIX-UNIT BUILDINGS, RESIDING ON SEPARATE BUT CONTIGUOUS PARCELS (APN#s 4113-004-001 & 4113-004-002), WITH (12) TOTAL RENTAL UNITS IN THE DENSE WESTCHESTER RENTAL MARKET. THE PROPERTY IS IDEALLY LOCATED IN CLOSE PROXIMITY TO LOYOLA MARYMOUNT UNIVERSITY, LAX AND PLAYA VISTA. ADDITIONALLY THE LARGE CORNER DOUBLE LOT WITH ALLEY ACCESS COULD PROVIDE A FUTURE DEVELOPMENT OPPORTUNITY. THE COMPLEX CONSISTS OF (4) SINGLES, (4) ONE BED, ONE BATH UNITS, AND (4) TWO BED, ONE BATH UNITS. THE TWO BUILDINGS FACE EACH OTHER FORMING A SHARED COURTYARD IN BETWEEN. THE PROPERTY HAS ON-SITE LAUNDRY FOR TENANTS AND (4) TWO CAR GARAGES ACCESSED THROUGH THE ALLEY. THE LOYOLA APARTMENTS OFFERS INVESTORS IMMEDIATE CASH FLOW AND THE OPPORTUNITY TO RENOVATE UNITS UPON TURN-OVER AND INCREASE THE RENTS TO MARKET LEVEL.
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