Asking Price: $4,500,000

Are you looking for a great investment in Los Angeles? Don't miss a once in a lifetime opportunity to purchase 12 luxurious apartments in historic Leimert Park which is similar to its famed neighbor. Baldwin Hills Estates. This is a chance to own property in one of the most desirable and culturally rich neighborhoods in the city. This building is located in a prime location close to public transportation, shopping, dining, entertainment and more. The location provides easy assess to popular public transit options and major arterial throughfares like the 10, 110, and 405 freeways as well as, a short distance to the MECCA entertainment centers in Los Angeles, which includes the Forum, Sofi and Clippers Stadium, and many others. The building was built in 1929, with a foot-print of approximately 12,345 SF, sitting on a 11,001 SF zoned LAR 3. Leimert Park and Baldwin Hills Estates are two of the most historical neighborhoods in Los Angeles. Many celebrities have called this historical area home. The apartments have been well maintained by the same ownership for over 20 years. The property offers two stunning townhouse units, foyer entry, each with two bedrooms, 2 baths, a dressing area, fireplace, with vaulted ceilings and roof top patios with a view of the mountains and the city. The ten cozy and comfortable one-bedroom units have a full bathroom, plenty of storage, fireplace and a small balcony. There is a shared laundry room. Six of the twelve units are vacant for a new owner to capitalize on the turn-key units upside potential. The nearby commercial hub is filled with art galleries, coffee shops, locally owned stores and authentic eateries.