5.36% CAP RATE ON EXISTING RENTS AND UPDATED PROPERTY! We are pleased to present for sale this 9-unit architectural gem of a property. The property has been very thoughtfully updated offer modern comfort and convenience all while preserving the original character and charm that so many appreciate and seek out in a property. The unit mix consists of Three 2 Bed + 1 bath units; Two 1 Bed + 1 bath units and Four Studio + 1 bath units. Updated features include remodeled kitchens and bathrooms, FULL copper plumbing, recessed lighting, tankless water heaters, ductless mini-split AC systems, wood flooring and built-ins as well as modern appliances. Couple the retro and timeless look of this property with being surrounded by single family homes and it makes sense why it fills up quick with top rents. There are currently seven on-site, parking spaces and NO SOFT-STORY RETROFIT NEEDED. Separately metered for electricity and gas. A rare offering for one or two properties that have been well updated and meticulously managed by the ownership. PLEASE DO NOT DISTURB THE TENANTS.
Additional Features
- Forced Air
- Electric
- Wall Furnace
- Multi/Split
- Parking spaces: 7.00
- Listing Status: Active Under Contract
- Listing Agent: Alexander Metaxas
(lic# 01784652)
of Beverly Hills/Greater LA
- Listing Office: Realty Investment Advisors, Inc.
(lic# 02063191)
- CO-Listing Agent: Benjamin J. Hsiang
(lic# 01438644)
of Beverly Hills/Greater LA
- CO-Listing Office: Realty Investment Advisors, Inc.
(lic# 02063191)
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Based on information from CRISNet MLS as of 5th January 2025 at 5:39pm. 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.
