Description
6.41% CURRENT CAP RATE! We are pleased to present 2819 3rd Avenue, an attractive single story 5-unit property located in the trendy West Adams District. The unit mix is comprised of 1 and 2 bedroom units. All the units have been completely and beautifully renovated with no expense spared. Renovations include new flooring, kitchens, bathrooms, doors, stainless steel appliances, recessed lighting, mini split hvac units, exterior paint, dual-pane windows, solar panels, landscaping, etc. One of the 5 units is a 2 bedroom 2 bath ADU that was built from the ground up in 2022 which is located at the rear of the property. There is open parking available on-site which is accessible from the alley. Conveniently located close to Culver City, USC and Downtown LA not to mention in a strong West Adams District rental market. An "easy to manage" cash flowing asset not to be overlooked!
Location
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Listing Agent: Enrique Viramontes
Listing Office: Remax Commercial And Investment Realty
