Property Description

Rare opportunity to acquire multi-family property w/ 3 free-standing Spanish-style bungalows & gated off-street parking, all perched above the street on a 6,169 SF lot (per Assessor). All 3 units are occupied by cooperative long-term Tenants paying below market rents, and will be delivered w/ Tenants in possession. With front & rear entrances, covered porches, some original details intact, views of the Arroyo Seco & city beyond, and a convenient location between Downtown LA & Highland Park, these units are certain to be in demand, and provide the savvy investor w/ upside potential. Units are separately metered for electricity & gas, and lot is also zoned RD2 (per Assessor), which may provide future development opportunities (Buyer to verify w/ City). Trust Sale w/ no Court Confirmation.