Classic Spanish style building. On the exterior: stucco walls, Spanish red roof tiles, and 1920s vintage details over the windows & door. Excellent potential to remodel the interiors and raise rents. Potential income of each apartment can be $1287+. Low utility bills with separate gas and electric meters. Individual water heaters in each apartment. Every apartment has it's own single garage. Consists of (two) 2 bedrooms +1 baths and (two) 1 bedroom + 1 bath apartments. Property profile states (four) 1 bedroom + 1 bath apartments. Spacious apartments over 1000 square feet per Assessor Records. Subject property is less than 2 miles from USC campus. Scheduled for completion in 2017, the USC Village will include a market, drugstore, a fitness center, a Trojan Town USC store, restaurants and outdoor dining, parking, and a communiy building. The $650 million project is one of the largest in the history of South Los Angeles. This can potentially drive up the prices of real estate in close poximity to the University. Offering memorandum attached in supplements section.
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|Property Type||Fourplex (4-units)|
|Number of Stories||2|
|Last Sold||March 18, 2016|
|Date Updated||May 19, 2018|
|Date Created||November 09, 2015|
Anie Mayelian an agent of Keller Williams Encino-Sherma. Lic #00778825
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2724 Abbot Kinney Blvd #202
Venice, CA 90291
California DRE # 01956587