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Detailed Introduction Of This Property
** Being Offered with 8700 West Third Street (Adjacent Parcel) - The offering is a very well maintained 8 Unit Apartment Building located in Prime Beverly Grove adjacent to Beverly Hills & West Hollywood. This Turn Key Asset features 8 Units, all of which have been fully remodeled with stainless steel appliances, hardwood floors, granite counter tops & in unit washer + dryer. There is an excellent unit mix consisting of Seven 1B/1B & One 1B/2B Unit. There is ample parking available and all tenants are on Month to Month tenancy. Rents are up to market with only 15% Upside. Property is under Los Angeles Rent Control. This is a rare opportunity for an investor to acquire a Turn Key Asset in an Ultra Prime Location along with the adjacent Parcel as a Rare Covered Land Play with the potential to build a Mix Used Development in the future. * Contact Agent for information on Other Parcel.
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