Description
Looking for a really solid investment property? Look no further! This well maintained Craftsman style fourplex is centrally located on a quiet street with many new developments in desirable Rampart Village just moments from Echo Park, Silver Lake, and DTLA. Recent major upgrades include a new foundation, new roof, and a new sewer line. Two units have been remodeled and are at market rents with great tenants, the remodeled 2 bedroom unit will be delivered vacant at COE. The two other units have been well maintained and are Section 8 tenant occupied which means guaranteed income, a big plus during Covid. One Section 8 unit will be vacated in May and shall be eligible to be leased at market rate. This is a great opportunity for an owner-user or an investor looking for an easy and solid income generating asset with an upside partially thanks to all the plethora of new developments surrounding the property. Do Not Disturb Occupants.
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6BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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2,178SQFT
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$686$/SQFT
School Ratings & Info
Description
Looking for a really solid investment property? Look no further! This well maintained Craftsman style fourplex is centrally located on a quiet street with many new developments in desirable Rampart Village just moments from Echo Park, Silver Lake, and DTLA. Recent major upgrades include a new foundation, new roof, and a new sewer line. Two units have been remodeled and are at market rents with great tenants, the remodeled 2 bedroom unit will be delivered vacant at COE. The two other units have been well maintained and are Section 8 tenant occupied which means guaranteed income, a big plus during Covid. One Section 8 unit will be vacated in May and shall be eligible to be leased at market rate. This is a great opportunity for an owner-user or an investor looking for an easy and solid income generating asset with an upside partially thanks to all the plethora of new developments surrounding the property. Do Not Disturb Occupants.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-24T12:42:43.167. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.