$2,199,000

We are pleased to present this clean 11-unit apartment complex, located in the Hyde Park submarket of South Los Angeles. This complex was built in 1964 of wood frame stucco construction. It contains 8,316 square feet and sits on a large 11,352 square foot lot. The building has an excellent unit mix of all 2-bedroom 1 bath units. Most units feature balconies or patios. The income is $15,000 per month with additional income coming from the laundry room. There is parking for each unit and an additional room which could be utilized for another laundry room or rented as storage. Check with the City for possible ADU opportunities. The property has both carport and open space parking. This is a very well-maintained asset, and almost all units have been upgraded. There is no deferred maintenance. Please do not walk on property or disturb tenants in any way. All offers to be made subject to inspection.

Listing Map