We are pleased to present an Excellent 2 story building in the West Adams area of LA. The 4 unit building consists of (Three) 2Bedroom/1Bathroom units and (one) 2 bedroom/2 bathroom townhouse style unit. Owner’s Unit can be delivered vacant for an owner-user opportunity. New roof installed 3 years ago, copper plumbing, freshly painted exterior. Two of the units have remodeled kitchens and bathrooms. The property was built in 1963 and has approximately 3668 sq/ft living area per assessor. Each unit is separately metered and has its own individual water heater. Current rents are 30% below market, providing an investor with a more aggressive management style, the ability to raise rents and achieve higher return on their investment. The Subject Property is Located in a Opportunity Zone and May be Eligible for Preferential Tax Treatment. The West Adams Neighborhood is a rapidly growing urban area with the LA Metro Rail nearby providing quick transportation from Santa Monica to Downtown LA. West Adams is close to Culver City, Santa Monica, Beverly hills and Downtown LA. See Offering Memorandum in supplements. Read More

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