4 units in prime Los Angeles area at huge i discount

Description

This great opportunity in Los Angeles, CA ! This 4 units is perfect for an investor looking to reposition this building, we sold a deal in Wilmington which is similar demographics with 4 low rents at 785k. So you would be buying into equity.

If experience you can reposition this property, section 8 and veterans paying $2100 for 1b/1b

This property is 15 minutes from Downtown, 15 minutes from the Sofi Stadium. Walking distance from 110 fwy which is the easiest fwy to get you across the city. Property is also zoned C2 which by right you would be able to develop 17 units. While you vacate you can start on plans

we sold 8426 S broadway for 715k with the play of 17 units.

the possibilities are endless.

Values in this area have been skyrocketing as more people relocate. It would be an excellent pick for any investor.

-Property will be bought with tenant

7407 S Broadway, Los Angeles, CA 90003

4 units
450 rented
600 rented
500 rented
650 rented

MIX USE, STORE AND RESIDENTIAL COMBINATION. 2 UNITS 2 BEDROOMS EACH WITH 1 BATH EACH RENTING 1ST.$400. 2ND. $650 2 UNITS COMMMERCIAL ONE RENTING $600. THE OTHER $500..

Property Details 🏠

Rehab Level: Medium Rehab

Roof: Average Condition