Description​​​

This pride-of-ownership apartment property presents a rare value-add opportunity with 2 vacant units, allowing an investor the flexibility to lease at current market rents or accommodate an owner-user. The available vacant units include a spacious (2Br+2Ba) unit and a (3Br+1.5Ba) unit. The property offers convenient rear alley access and 5 on-site parking spaces, including 2 enclosed garages, 2 tandem spaces, and 1 handicap-accessible space. Residents also enjoy a shared laundry room equipped with owned, non-coin-operated washers and dryers. The larger unit features two sliding glass doors opening to a private deck above the garages. ​​​

Location

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Ideally situated directly across from Williams Elementary School and just one block away from West Downey Plaza offers convient destinations including TFL's Barebell Gym, Acai World, Jim's Burgers, and a 76 Gas Station. 3 blocks away from El Paseo South Gate providing an outstanding mix of national and local retailers and entertainment, including Regal Edwards South Gate, Kazan BBQ, Let's Sea, Golden Bowl, Curacao, HAPIK Climbing Gym, Planet Fitness, Kids Empire South Gate, and numerous additional shopping and dining destinations.

Property Highlights

• Pride-of-ownership apartment building with two vacant units offering immediate rental upside

• Vacant units include 1 (2Br+2Ba) unit and 1 (3Br+1.5Ba)

• Rear alley access with 5 on-site parking spaces, including 2 garages, 2 tandem spaces, and 1 handicap-accessible space

• Shared laundry room with owned, non-coin-operated washers and dryers available for tenant use at no cost

• Larger unit features 2 sliding glass doors leading to a deck above the garages, presenting future value-add potential

• Directly across the street from Williams Elementary School

• One block from West Downey Plaza, featuring TFL's Barebell Gym, Acai World, Jim's Burgers, a 76 Gas Station, and additional neighborhood retail and dining

• Three blocks from El Paseo South Gate, home to Regal Edwards South Gate, Kazan BBQ, Let's Sea, Golden Bowl, Curacao, HAPIK Climbing Gym, Planet Fitness, Kids Empire South Gate, and numerous shopping, dining, and entertainment options