Description

Five (5) units on a large 8,400 SF lot in the sough after neighborhood of Mid-City. Located in A TOC there is potential to add/build an ADU. Unit mix of 2 (2 Br + 1 Ba) and 3 (1 Br + 1 Ba) one of which was recently renovated and rented at market rent. The property is fully gated and features drought-tolerant landscaping (which offers big savings on water bills!) Additionally there is a detached garage parking for 5 cars. Tenants pay for gas, trash, and electrical. Best of all NO seismic retrofit is required. 

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Location

Located in the center of Los Angeles between Washington Blvd and W Adams Blvd this property is well located, near the 10 FWY, Culver City, Santa Monica, and Mid - Wilshire. Plus Pico Blvd is lined with cafes, shops, bakeries, and restaurants.  

Property Highlights​​

• Prime Mid-City Location

• No Seismic Retrofit Required

• Large 8,400 SF lot w/potential to Build

• Zoned Tier 1 TOC (Potential to add/build an ADU)

• New Roof + Exterior Paint

• Drought Tolerant Landscaping

• 5 Car Garage

• LOW Expenses!