1150 E 52nd Street, Los Angeles, CA 90011

Property Description

Prime Income Property near Downtown Los Angeles! Take advantage of this outstanding investment opportunity consisting of ten-apartment units; producing $9893 in current monthly income, located in a highly desirable area. The property includes four buildings with a desirable unit mix of one 4-bedroom/2-baths unit, four 2-bedroom/1-bath units and five 1-bedroom/1-bath units. The building numbers are 1050 - 1052 - 1054; constructed in 1963, and have been well cared for. Amenities include on-site laundry room for tenant convenience, off street parking, enclosed yard with metal fencing, and block walls along perimeter of a spacious 17,432 sq ft lot, that includes 10 on-site parking spaces and room to build an additional building. Each unit features separate gas and electric meters. Centrally located just 5 miles from Downtown LA and 3 miles from USC, with quick access to the 110 Freeway and public transportation. Shops, dining, parks, and church or worship facilities are nearby. Interior showings of vacant units only, tenant occupied units shown with accepted offer only. Seller is motivated! Don't miss this rare opportunity.