Introducing a newly remodeled 23 unit multifamily investment opportunity in the heart of Historic South Los Angeles offered at a 7.0% Cap Rate!! This upgraded residential community features a strong unit mix of 20 studios and 3 one bedroom apartments, with 19 units fully gut renovated and outfitted with brand new systems and modern finishes. Residents enjoy a host of desirable amenities, including on site laundry, high speed Wi Fi, and cable televisionall included for added convenience. Outdoor common areas feature a half basketball court with a hoop, a picnic table, and a BBQ grill, creating a welcoming space for recreation and relaxation. The property also includes a designated smoking area and is secured with a video surveillance system.
Ideal for investors seeking stable cash flow with minimal deferred maintenance, this turnkey asset offers modern living in a culturally rich and growing neighborhood.