Description
Excellent Investment and Value-Add Opportunity! 20 unit in the heart of Los Angeles. Located on the corner of Arapahoe St and W 12th St. The building is comprised of 2 - 2 Bed + 2 Bath units, 3 - 2 Bed + 1 Bath units, 12 - 1 Bed + 1 Bath units and 3 - Studio units. There is 20 parking spaces located on the property. The building is a total of 13, 846 Sq. Ft. on a 10,904 Sq. Ft. lot zoned LAR3. The property has been well maintained. Seismic Retrofitting has already been completed (Buyer to verify). A savvy investor with a value-add strategy will be able to take advantage of the neighborhoods steady rise in rental prices. Huge value-add opportunity as many of the rents are below market. DRIVE BY ONLY! DO NOT DISTURB TENANTS!
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22BEDS
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0.25ACRES
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0BATHS
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01/2 BATHS
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13,846SQFT
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$361$/SQFT
School Ratings & Info
Description
Excellent Investment and Value-Add Opportunity! 20 unit in the heart of Los Angeles. Located on the corner of Arapahoe St and W 12th St. The building is comprised of 2 - 2 Bed + 2 Bath units, 3 - 2 Bed + 1 Bath units, 12 - 1 Bed + 1 Bath units and 3 - Studio units. There is 20 parking spaces located on the property. The building is a total of 13, 846 Sq. Ft. on a 10,904 Sq. Ft. lot zoned LAR3. The property has been well maintained. Seismic Retrofitting has already been completed (Buyer to verify). A savvy investor with a value-add strategy will be able to take advantage of the neighborhoods steady rise in rental prices. Huge value-add opportunity as many of the rents are below market. DRIVE BY ONLY! DO NOT DISTURB TENANTS!
Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-28T21:43:03.17. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.