We are pleased to present a four-unit multifamily property located in Los Angeles, California. Located at 2524 5th Avenue.The investment is also conveniently located near major freeways providing easy access throughout the city and or public transportation. This fourplex is currently 100% occupied by long term tenants. In addition, the property features on-site covered parking,manicured landscaping, and lovely curb appeal. Built in 1922, this investment consists of a wonderful unit mix of (4) 2 bedroom / 1 bathroom units that is ideal for family housing. This property offers potential investors reliable and increasing rents unusual for a rent controlled building in Los Angeles County.
Key Points: Great Unit Mix with all 2 Bedroom 1 Bathroom Units Close to Freeway and Public Transportation Rental Upside Stable Long Term Tenants West Adams Location
Asking Price: $1,400,000
Building Size: 3,952 SQ FT
Lot Size: 7001
Cost per Square Foot: $354.25