Description
I am pleased to present, as the exclusive listing agent, is pleased to offer for sale a five-unit apartment community located at 2707 West 14th Street. The subject property is located just south of Pico Boulevard and west of Normandie Avenue near Koreatown. Situated on a 6,506 square foot parcel, the property comprises of four one-bedroom units and a stand-alone three-bedroom house. All four of the front units will be delivered vacant allowing new ownership the opportunity to renovate and achieve additional rental premiums immediately. The back house is the only occupied unit and has been thoroughly renovated and is already achieving a market rental rate. The continued gentrification of the surrounding area along with the value-add potential for a new owner to immediately renovate and lease vacant units and achieve superior future returns moving forward makes 2707 West 14th Street an excellent acquisition opportunity.
-
7BEDS
-
0.15ACRES
-
0BATHS
-
01/2 BATHS
-
5,128SQFT
-
$322$/SQFT
School Ratings & Info
Description
I am pleased to present, as the exclusive listing agent, is pleased to offer for sale a five-unit apartment community located at 2707 West 14th Street. The subject property is located just south of Pico Boulevard and west of Normandie Avenue near Koreatown. Situated on a 6,506 square foot parcel, the property comprises of four one-bedroom units and a stand-alone three-bedroom house. All four of the front units will be delivered vacant allowing new ownership the opportunity to renovate and achieve additional rental premiums immediately. The back house is the only occupied unit and has been thoroughly renovated and is already achieving a market rental rate. The continued gentrification of the surrounding area along with the value-add potential for a new owner to immediately renovate and lease vacant units and achieve superior future returns moving forward makes 2707 West 14th Street an excellent acquisition opportunity.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-25T23:43:08.557. 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.