Marcus & Millichap is pleased to offer for sale a seven unit apartment building located on 41st Drive just south of Martin Luther King Boulevard and east of Vermont. Built in 1922, the property is a single story building consisting of seven one-bedroom/one-bath units. This opportunity presents an investor the opportunity to acquire a property with significant rent upside and a history of 100 percent occupancy. This property's accessibility to Downtown Los Angeles and 10/110 Freeways make it appealing to current and potential renters in the area. The current owner has recently painted the exterior of the building. The property should appeal to a local owner or a 1st time buyer because of its strong tenancy and ongoing cash flow upside.
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