Great Investment Opportunity! Location! Location! Location! Mixed-use multi-family and commercial building is situated in the heart of USC Medical Center, China Town and Lincoln Park. Upper level is a 10 unit multi-family residential building with an enormously shared kitchen that just completely remodeled and upgraded with custom-made cabinetries and individual lockers for each unit. There are 3 newly remodeled bathrooms, which includes a spacious master bathroom. Hardwood floor throughout each spacious bedroom with upgraded brand new double-pane windows. Lower level is currently a garment manufacture, and it is fully tenant occupied. This mixed-used multi-family and commercial building is located in a high-demand rental area. This is an opportunity not to be missed. USC Medical Center is actively developing and expanding in this area, and thus, makes this mixed-use building one of the highest demand rental in the area!
Gross Annual Income $96,600, with Cap rate at 6.5%. This is a highly desirable investment income property with minimum maintenance.