$4,500,000
Built in 1991, the property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) and offers investors immediate rental upside through AB 1482. The property consists of (13) 2-bedroom/2-bath units and (4) 1-bedroom/1-bath units, totaling approximately 12,747 square feet on a 7,252 square foot LAR4-zoned lot. Amenities include 24 subterranean parking spaces, central air conditioning and heating in every unit, controlled access, and an on-site laundry. Property being sold with adjacent shopping center. Can be purchased individually or as a portfolio.

1479 W Washington Blvd, Los Angeles
Listed by Mark Hong with KORUS Real Estate

1405 N Normandie Ave, Los Angeles
Listed by Shamim Khorsand Mashhadi with Estate Properties

1303 Lilac Ter, Los Angeles
Listed by Stephen Biskup with Sotheby's International Realty

725 S Alvarado St, Los Angeles
Listed by Logan Altman with Altman Apartments LLC

1048 S Los Angeles St, Los Angeles
Listed by Bobak Kalhor with K2 Investment Inc.

2819 S Flower St, Los Angeles
Listed by Daniel Baird with Sperry Van Ness

2378 W Washington Blvd, Los Angeles
Listed by Manlio Ceja-Gomez with KELLER WILLIAMS REALTY

451 E Vernon, Los Angeles
Listed by Pankaj Patel with T.N.G. Real Estate Consultants