High Performing 21 Unit Asset in Prime Los Angeles CAP 6% and First Time on the Market in 20 Years!
This rare offering delivers strong in place income with a solid 6% CAP rate in one of Los Angeles most desirable rental markets. The property features a balanced and attractive unit mix: nineteen one bedroom units, one two bedroom unit, and a standout three bedroom rooftop penthouse with its own private outdoor spaceideal for commanding premium rents.
Located in a high demand neighborhood, the building enjoys consistently strong occupancy and stable rental income, supported by immediate access to shopping, dining, and public transit. With room for value add upgrades and rent growth, this asset offers both steady cash flow and significant long term upside.
Dont miss this rare chance to acquire a high yield property in a top tier Los Angeles location!