LP.com

Vintage, 'old-school LA' charm inside-and-out - attractive appointments that are rarely found anymore. Large front lawn on this massive 12,863 sq. ft. lot, bay windows, original hardwood, and extensive tile work in the kitchens and baths. 40+ years of single ownership - his "Baby". But, he has self-managed and not consistently raised rents. Massive meat-on-the-bone for a new Buyer - 50% rent upside! And then there's the development upside, as well. An opportunistic opportunity. 8% cap UPSIDE! Part of a 2-building portfolio sale, along with 2267 W. Adams Blvd.