2116 S PALM GROVE AVENUE, LOS ANGELES CA 90016

  • 5,075 sq.ft.
  • 5,605 sq.ft. lot
offered at $1,400,000
MLS#:18375376
Status: Active // Property Type:
County: Los Angeles // Year Built: 1924

Property Description

Great investment opportunity in this fantastic location, an opportunity to own this Mid-City 5-unit property located on a well kept street, great neighborhood, with great upside potential. New roof with 7 year warranty, new stair railings in the back. One property is vacant, and one will be delivered vacant, which allows one to receive market rents, with other rents on 2 units well under market, occupied with long term tenants. Three of the units are completely newly remodeled. Units are very spacious and have plenty of windows to bring in light. There is a large, remodeled back unit (1 bedroom, this one will be vacant ) above the garage area which is separated from the front building, offering added privacy. Property includes off-street parking and has three single car garages which are currently being used for storage, separate laundry room, which has the potential for coined operated income. Close proximity to freeway and shopping. Drive by only, please do not disturb occupant

Listing Courtesy of Sandy Marie Dunkley, Equity Real Estate-Los Angeles

FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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