The subject property is a 7-unit apartment complex located in the South Los Angeles submarket. It consists of four 3-bedroom - 1 bath units, two 2-bedroom 1 bath units and two 1 bedroom 1 bath units. The complex was renovated in 2020, with new plumbing, electrical, roof, kitchens and bathrooms. The building is capable of producing over $19,000 when fully occupied. There are currently 3 vacancies, which can be rented out for maximum value. There are plans and permits for an ADU which the Buyer can utilize to complete the project. This information has been obtained from sources believed to be reliable. However we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and Buyer bears all risk for any inaccuracies. Further, Broker & Seller disclaim any and all liability for representations and warranties, expressed and implied, contained in, or for omission from, the Investment Offering, or any other written or oral communication transmitted or made available to the recipient. Furthermore, it is no guarantee that this investment will be available. Principals Only.
