Property Detail

Description

Classic traditional 6-unit building in desirable Miracle Mile location. All units are large spacious 1-bedroom & 1-bathroom units all with separate dining rooms, hardwood floors and numerous stylish features. The electrical and plumbing systems were updated with copper and newer electrical panels. Three of the units have been tastefully renovated with the most recent tenant paying $3,104 per month. The property consists of six garages currently used for parking by the tenants, but offers potential for ADU units. Existing laundry room with washer/dryer the two story building encompasses approximately 5,922 sq. ft. and sits on a large 7,151 sq. ft. lot zoned LAR4. Tremendous investment opportunity with significant value add potential.