Incredible opportunity for an investor to purchase this 6 unit secure complex consisting of 2 structures. 2 Unit to be be delivered vacant. The front structure has 4 oversized 1 bedroom units with living rooms, formal dining rooms, good size kitchens, large bedrooms, & a full bathroom with attached dressing room. They are approx. 1,000 sq ft each. The rear structure has 2 units that are 1 bedroom each above a 4 car parking garage. Lots of original features including the beautiful French windows and high coved ceilings. This is a prime rental area just south of the hustle and bustle of the Hollywood Media Arts sector. Some of the upgrades to the complex include copper re-piping of the front units and both structures were recently painted. This asset offers an investor a unique & rare opportunity to add value through unit interior upgrades as the units turn over. Units are separately metered for electricity & gas. Please do not disturb the tenants.
Price: | $$1,374,310 USD |
Address: | 1125 Lodi Place |
City: | Los Angeles |
State: | CA |
Zip Code: | 90038 |
MLS: | 20-585546 |
Year Built: | 1953 |
Floors: | 2 |
Square Feet: | 4,872 |
Lot Square Feet: | 6,766 |
Bedrooms: | 6 |
Bathrooms: | 6 |