$3,190,000
Invested almost $600K to upgrade 8 Unit ( Kitchen, bathroom and windows ), electric panel, earthquake retrofitting, interior & exterior paint, security camera.... 10 units apartments building at heart of Palms-Mar Vista. Unit mix of (2) studio, (5) 1+1, and (3) 2+1. 6 covered parking . Exiting Storage can be converted to extra parking space. Community laundry room. Best location !!! 8 minutes to Venice pier, 2 minutes to 405 Fwy. Showing available 2 units as sample ( 2+1 and 1+1 ) due to vacant. Don't miss this rare investment opportunity with about 48% rental upside. Great potential for new owner !!!!!
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Listed by Jae Kang with Bee Investment, Inc. (213) 380-8600
Property Type
Residential Income
Status
Active
MLS Number
26660845
Year Built
1951
Lot Size
7,505 sq ft