Attention Investors. Perfect 1031 up leg with meat on the bone. BONUS: Raise yearly gross cash flow to $301,800.00 (i.e. Market Rents) PLUS $3,600.00 in laundry income. Based on property condition & pro-forma this asset is valued at over $2,900,000. BUT asking only $2,589,000 for a quick sale. Secured 28 Unit Building in transitional area of Los Angeles. Blocks from 110FWY & 105FWY. Property sits on a large lot with 20,908 Sq Ft & large private parking lot. Building has laundry room, 6 camera security system, secured building with courtyard, 20 of the 28 units have been rehabbed with tile flrs, updated baths & kitchens, laminate flrs, new paint & more. Two new commercial grade water heaters were recently installed, 29 Seismic Gas Shut Off Valves installed. Roof is in good condition.
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