Description
Great investment opportunity in prime Downtown Fashion District with huge upsides in rent. The units are currently Single Room Occupancy units but could be converted into Studio Apartments (buyer to verify). There are 33 units-11 on each floor. There are 2 bathrooms on each floor. Building has tremendous cash flow potential. Rapidly gentrifying area, highly walkable, and with easy access to public transportation. There are separate Electric Meter per Each Apartment. Each apartment is currently on Month to Month rent. Sold AS-IS! Broker/Agent does not guarantee the accuracy of bedroom/bathroom counts, square footage, lot size, rents, expenses, or other information concerning the condition or features of property provided by Seller or obtained from public records or other sources. Buyer and/or Buyer's Agent to independently verify the information.
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33BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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13,371SQFT
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$329$/SQFT
School Ratings & Info
Description
Great investment opportunity in prime Downtown Fashion District with huge upsides in rent. The units are currently Single Room Occupancy units but could be converted into Studio Apartments (buyer to verify). There are 33 units-11 on each floor. There are 2 bathrooms on each floor. Building has tremendous cash flow potential. Rapidly gentrifying area, highly walkable, and with easy access to public transportation. There are separate Electric Meter per Each Apartment. Each apartment is currently on Month to Month rent. Sold AS-IS! Broker/Agent does not guarantee the accuracy of bedroom/bathroom counts, square footage, lot size, rents, expenses, or other information concerning the condition or features of property provided by Seller or obtained from public records or other sources. Buyer and/or Buyer's Agent to independently verify the information.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-03T15:42:59.793. 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.