Fabulous Location with a Great Residential income Investment Opportunity! Do not miss it!
This multi-family property is a 2,785 Sqf living area situated in a 6750 sqft lot, very convenient location, walk-able to the business center, bus station, school, grocery store, restaurant, etc. Close to famous Griffith park, Hollywood, Los Feliz golf course, and Los Angeles zoo.
This property has 2 units with 2 electricity meters, 2 gas meters, and 1 water meter, the landlord is responsible for water, trash, and landscaping, and tenants are taking care of the rest. It is 100% leased and tenants are loyal for years, the front house is 2 bedrooms 1 bathroom, current rent is $1100/month, and the rear house is 4 bedrooms 2.5 bathrooms, current rent is $1900/ month, since the tenants have been living here for years, rent is below market price, the new owner can do minimal renovation to get higher rent easily.
Please do not disturb tenants, appointment showing only!