Description
This property is a multi family building that is located in the historic West Adams neighborhood near USC. Originally constructed in 1903, this property features 8 apartment units including 1-two bedroom / two bathroom, 2-one bedroom / one bathroom and 5 studios, all within 4,412 rentable square feet. There are six full size parking spaces with the potential to park two subcompact cars.The property is walking distance to Ralphs Grocery and approximately a mile away from USC. The West Adams area is experiencing revitalization with young professionals, many great restaurants and amenities, and new businesses moving into the area. Many historic homes in the area are being renovated and restored to their previous elegance. The property has long term tenants paying under market rent. This property will appeal to investors looking for a value-add opportunity with upside in rents in a neighborhood experiencing tremendous growth.
