Value-Add Opportunity – Approximately 70% Upside in Rents
The Colombo Group at Lyon Stahl is pleased to present a 4-unit multi-family community located in the Hacienda Village neighborhood of South Los Angeles, CA. A short 23-minute local drive to Downtown Los Angeles and centrally located near 2 major freeways, the subject property gives tenants convenient access to the 105 and 110 Freeways. The property was originally built in 1925 and is comprised of approximately 2,152 rentable square feet on an oversized 9,040 square foot lot. The building has an outstanding unit mix, comprising one spacious 2-bedroom 1-bathroom house in the front, one duplex behind with 1-bedroom 1-bathroom units, and a freestanding 1 bedroom 1 bathroom unit at the back. The property is separately metered for gas and electricity and features ample secured parking.
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