Description

Amazing Investment Opportunity in Koreatown by Los Angeles. You don't want to miss this rare opportunity. VERY MOTIVATED SELLER! This 5-unit is located walking distance to Olympic Boulevard and Normandie Ave. Conveniently nearby LA Convention Center, Cryto Arena, LA Live and minutes away from koreatown, Midwilshire, Downtown, USC and more. Easy access to major Fwy 10 & 110. Main 2 story unit has 4 bedroom, 3 bathroom, living room, kitchen island and stainless appliances. Other 4 units are located in the back. 2 units on upper level and 2 units on lower level. Upper level units features 2 bedrooms, 1 bathroom and balcony. Well equipped with stove, fridge, microwave. Lower 2 units located downstairs are studio with its own private bathroom. There are a total of 8 parking spaces: 4 carport and 4 driveway. Each unit is well maintained by the owner and renovated. 3 units has its own electric meters and gas meters. Owner pays for common areas. This is a perfect investment to live in one and rent the other units or rent all the units for a great income. Current Cap Rate of 6.5%. Don't miss this opportunity to own this amazing investment.