13933 Los Angeles Street is a non-rent controlled, fourteen (14) unit apartment complex located in Baldwin Park. The investment offers the opportunity to renovate all units and recover the loss-to-lease created by long-term self-managed ownership. There is approximately 44% upside in rents with current rents averaging $1,239. All units are two-bedroom one-bath town-home style units with individual water heaters and laundry hook-ups. The property has very low utility expenses with each unit paying their own water, electricity, and gas. Annual utility expenses are approximately $1,200. Each unit will also come with a private garage and ample open parking for additional cars.
Based on information from California Regional Multiple Listing Service, Inc. as of April 18th, 2019 at 4:01pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.