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● Source : THE MLS
● MLS# : 18-381946
● Remarks : FANTASTIC INVESTMENT OPPORTUNITY in Downtown Los Angeles! This charming updated Craftsman style five-unit property consists of two structures - two-story front building with three units and a detached single story duplex in the back. It's well located on Vernon Avenue near Expo Line and 110 freeway. It provides excellent cash flow with additional 28% upside potential in rents and very low maintenance. Two units (3+2 and 1+1) have been just beautifully remodeled with new kitchens and bathrooms, flooring and stainless steel kitchen appliances. The 3+2 remodeled unit has laundry inside and it is currently vacant (could be delivered tenant occupied). The property is located in fast growing neighborhood of Downtown Los Angeles Live Hub, USC, public transportation, new metro lines, schools, libraries, hospitals, shopping centers, entertainment and it has easy access to all major freeways. Drive by only, subject to interior inspection. Please do not disturb tenants.
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