Great price reduction on an exceptional opportunity to own a beautifully maintained gated income property in the heart of Malaga Cove! Just steps to the iconic Malaga Cove Library and charming Malaga Cove Plaza. Wide open outdoor space with some ocean views. Four of the units have huge private patios with neighborhood and ocean views. Ten units in total, consisting of 6 two bedroom one baths, 3 one bedroom one bath, and 1 two bedroom two bath owners' unit. Each unit has a one car garage and one car parking space in front of the garage. The property has a good sized community laundry room. The location is exceptional, with a scenic walking trail to the beach and the Hollywood Riviera. Excellent school district.
Whether you choose to keep it as is or renovate for premium market rents, this property offers strong income potential and excellent long term upside.