This 5-unit turn-key apartment complex in HiFi has been renovated literally down to the studs and is an incredible opportunity for an investor wanting passive income.
$2,550,000
Details:
- Two 2 bedroom/1.5 bath units, two 3 bedroom/1.5 bath units, and one 3 bedroom/2 bath unit
- GRM 14.59 and 5.13% cap rate
- Includes 10 resident parking spaces with the potential for generating additional income
- Centrally located, around the corner from Silver Lake, Echo Park, and DTLA and is a
- Also close to short MacArthur Park and LaFayette Park areas, as well as from Westlakes’ hot entertainment spots along Beverly Blvd.
- Near Metro Red and Purple lines the 101,110, and 2 freeways
Please contact Will Tiao at (323) 363-1096 or will@tiaoproperties.com.