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Apartment - Los Angeles, CA
2 Units will be delivered VACANT at closing. Discover this well-maintained 4-unit apartment building situated in one of Los Angeles' strongest rental markets. Spanning approximately 3,340 sq. ft. Livable Space sitting on just under 7,000 sq ft Lot Size Built in 1945. Significant upside with the possibility of adding an Accessory Dwelling Unit (ADU) in the back yard with alley access. The property offers four 2-bedroom, 1-bath units each around 835 sq. ft. per unit. Centrally located near the Expo Line, minutes from major freeways and Downtown LA. All units are tenant occupied.
Here are some key points on the property:Roof and Gutters: New roof, gutters and downspouts installed in 2020. Electrical: Complete gutting of electrical systems (wires, outlets, lights) with permits in all units, upgraded to current code and new Electrical panel upgraded in 2017.
Water Heating: Two new water heaters...
Water Heating: Two new water heaters installed in 2020, new expansion tanks, and water pressure regulator installed in 2017. Two new water heaters installed in 2025. Sprinkler System: New sprinkler system installed in 2021.
Unit Renovations: Unit 1931 was gutted to the studs and renovated in 2017. New kitchens installed in units 1933 1/2 (2020), 1931 (2020), and 1933 (2024). All units have new laminate flooring in the bedrooms and common areas. Painted throughout exterior in 2024.
Safety Features: Bars protecting gas meters installed in 2020. Security bars added to Unit 1931 with permits in 2021.
Aesthetics and Maintenance: New paint on all iron gates and fences completed in 2024. Concrete parking stoppers 2020.
Entire property received new stucco in 2024, with touch-ups done in 2025.
Pest Control: Entire building tented for termites in 2017.
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