This is excellent opportunity to acquire 1021 North Genesee Avenue, a 10-unit apt bldng in one of the best, highly-sought after, rental locations in a desirable and trendy West Hollywood. This 1960 2-story wood framed bldng, offers semi-subterranean gated prkng for 10 vehicles. The gated property has 8,738 sq-ft of bldng on a 6,380 sq-ft 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.
|DAYS ON MARKET||20||LAST UPDATED||5/7/2019|
|YEAR BUILT||1960||COMMUNITY||West Hollywood Vicinity (C10)|
|PROPERTY TYPE(S)||Residential Income|
|AIR||Ceiling Fan(s), Wall Unit(s)|
|AREA||West Hollywood Vicinity (C10)|
|GARAGE||Assigned, Community Garage, Garage Is Attached, Yes|
|LOT||6380 sq ft|
|PARKING||10 Covered: 10 Garage: 10.0|
TOTAL MONTHLY PAYMENT
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