** 10 UNIT APT BUILDING/ INCOME PROPERTY **
This is an excellent opportunity to acquire 1021 North Genesee Avenue, a 10-unit apt bldg in one of the best, highly-sought after, rental locations in a desirable and
trendy West Hollywood. This 1960 2-story wood framed building, offers semi-subterranean gated parking for 10 vehicles. The gated property has 8,738 sqft of building on a 6,380 sqft lot, has a great unit mix of 4 two-bdrm & two-btrm units, and 6 one-bdrm & one-btrm units. The common laundry machines are landlord controlled and produce income. Selected units have been beautifully renovated w modern new flooring, brand new appliances, new lighting, and wall AC units. The exterior common areas have been upgraded w new paint and lush low-maintenance landscaping. There is fire sprinkler sys in parking garage. An astute investor will benefit immediate cash flow, w the opportunity to capitalize significantly on higher market rents and to acquire a well maintained and low maintenance property, offering a tremendous rental upside.
Listed by MS Property Partners, Keller Williams Beverly Hills [Active Properties]