We are pleased to present a 4-unit multi-family asset located in the Vermont Square neighborhood of South Los Angeles. A short 15-minute drive to Downtown Los Angeles and centrally located near 2 major freeways, the subject property gives tenants convenient access to the 10 and 110 Freeways. The property also sits about 1.2 miles south-west from the Los Angeles Memorial Coliseum, and just over 2 miles south from USC.
Comprised of approximately 3,372 rentable square feet on a 7,369 square foot lot, the building features one 3-bedroom unit (*1-bedroom per title) that will be delivered non-occupied, and three oversized 1-bedroom additional units. The one non-occupied unit, which fully rehabbed could command a rent of $2,450 (*buyer to verify), allows an investor to achieve market rent for that unit.
This is a great opportunity to acquire a desirable multi-family asset with substantial upside and potential for an ADU development in an up-and-coming neighborhood of Los Angeles and could be a great addition to any investor's portfolio