8 Units | East Los Angeles
Features
- 6 Garages are currently being used as storage | Potential of Addt'l Income or ADU Conversion | Unincorporated County of Los Angeles | Rent Control Ordinance 'Rent Freeze' in Effect
- Buyer to Assume Current CHASE Loan | Approximate Balance of $920,000 @ 3.42% Interest Rate Fixed until 10/01/2026
- Desirable Single Story Construction | Situated on a Double Lot of 10,068 SF Zoned LCR4YY
- Excellent East Los Angeles Location | Low Vacancy Rental Pocket | Easy To Rent Spacious 1 Bed + 1 Bath + Den | Washer & Dryer Hookups in Each Unit
- Located between E Olympic Blvd & S Atlantic Blvd | Short Drive to the 5, 60 & 710 Freeways
- Strong Income of 4.86% Cap Rate on Current Rents & 13.55 Gross Rent Multiplier
