





Description
$400,0000 PRICE REDUCTION!!! Terrific opportunity to acquire a 14 unit Multi Family investment deal adjacent to Hancock Park. This corner lot, gated property has a great Unit Mix with 4 (2 +2) 1 (2+1) and 9 (1+1) with many units having private porches. An additional $1,100 in income in February 2024 with 7% increases. Both a 1 bedroom and 2 bedroom can be delivered vacant at closing. The property has been professionally managed and is separately metered for Gas and Electric. The soft story retrofit work has been completed. Property is located near many newer developments, near shopping, hotels, entertainment, restaurants and a block away from local transportation. Aprox another 40% upside in this deal. Buyers to cooperate with Sellers 1031 Tax Exchange
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