4-Units | Mid-Wilshire

The City of Dreams for Apartment Building Investors! Nestled in the heart of Southern California, Los Angeles is a thriving metropolis that presents a golden opportunity for real estate investors in the apartment building sector. With its diverse communities, booming job market, and a constant influx of residents, this iconic city is a prime location for those seeking to expand their real estate portfolio. From the serene hills of Bel Air to the vibrant streets of downtown LA, the city offers a vast array of investment options to meet the diverse needs of its ever-growing population. The City of Angels is renowned for its robust economic landscape, encompassing technology, entertainment, and various other industries. This economic vibrancy has fueled a consistent demand for housing, making the apartment building market a lucrative one for investors. Los Angeles offers a diverse range of neighborhoods, each with its unique character and appeal, ensuring that real estate investors can find the perfect niche for their investment strategy. Whether it's the luxury apartments of Beverly Hills, the artistic haven of Silver Lake, or the bustling urban scene of downtown, Los Angeles offers something for every investor's appetite. Investing in Los Angeles doesn't only provide financial rewards; it also offers the chance to be part of a thriving cultural and entertainment hub. From world-class museums and theaters to renowned dining and shopping, residents of apartment buildings in LA enjoy a high quality of life. The city's year-round pleasant climate, proximity to beautiful beaches, and access to a wide range of outdoor activities further enhance its appeal. With steady demand for rental properties, strong potential for appreciation, and a high standard of living, Los Angeles is a standout destination for real estate investors looking to make a sound, long-term investment in apartment buildings. Scores Walk Score - 94 Transit Score - 62 Bike Score - 63Welcome to a sound real estate investment opportunity that promises a steady stream of income in the heart of a desirable neighborhood. This property generates a substantial monthly rental income of $8,198, resulting in an impressive annual gross rental income of $98,376, making it a highly lucrative addition to your portfolio. Comprising four thoughtfully designed 1-bedroom, 1-bathroom units, it offers an ideal unit composition that caters to a broad spectrum of tenant preferences, ensuring high occupancy rates and consistent returns on your investment. Efficiency is key in this investment as each unit is equipped with separate meters for electricity and gas. This feature simplifies utility billing and tenant management, allowing for smooth operations. What's more, the owner takes care of water and garbage expenses, further streamlining operational efficiency. Tenants are sure to appreciate the on-site coin-operated laundry services, enhancing their satisfaction and the property's income potential. Additionally, the inclusion of four secure attached garages ensures your investment remains a valuable and sought-after asset. Positioned strategically in a safe, upwardly-mobile neighborhood, this property enjoys proximity to public transportation and easy access to the I-10 freeway, making it a prime location for tenants. Situated between the bustling downtown and the picturesque beach.