Asking Price: $1,450,000

We are pleased to present this great income property nearby USC and Downtown Los Angeles (Convention Center, multiple sports arenas, entertainment, and more). The property is 2 homes on 1 lot zoned LAR2. All tenants are current on rent. A total of 3,340 SF (4 bedrooms and 7.5 baths) on a 7,506 SF lot. The front unit (2,006 SF) consists of 4 beds and 3.5 baths plus a den. The back unit (1,334 SF) was built in 2008 and has 4 studio units. One studio unit to be delivered vacant. Gated parking and coin laundry machines on site generating extra income. Conveniently located nearby the 10 and 110 freeways, shopping centers, markets, cafes, and eateries. The cap rate of 6.5% is based on current gross income ($124,800) and expenses with the new property tax amount at the asking price of $1,450,000.