9 Unit Investment with 6% Cap rate potential in the coveted West Adams area: Separate English Tudor style house behind 8 One Bed/One Bath Apartments. All units are individually metered for gas and electricity with gated access and off street parking. 4 units recently renovated with Granite, Tile & Dual Pane Windows. 8 Units will be delivered vacant (including the back house). West Adams is rapidly urbanizing, with 5 Multi-Acre Projects nearby boasting tenants such as Apple (1 minute away on Jefferson), HBO & thousands of square feet of mixed use development. Centrally located & convenient to all of LA. 10 Fwy or Exposition Light Rail gets you to Santa Monica & the Westside or to USC, Coliseum, BofCA Soccer Stadium & Downtown within minutes.
|