Description

Located in the Prime West Adams Neighborhood of Los Angeles | 4.58% Current CAP Rate & 14.70 Current GRM | Approximately 52% in Rental Upside | Desirable Opportunity to Add 2-Bedroom ADU (Accessory Dwelling Unit) - Potential to Generate Additional Income | Three Units Fully Extensively Remodeled & Total of 7 Gated Parking Spaces | Located in Opportunity Zone A Few Blocks from Whole Foods, Tartine West Adams, Mizlala Restaurant, and the La Cienega/Jefferson & Expo/La Brea Transit Stations | Pro-Forma Cap Rate of 8.03% | 6,159-Square Feet of Living Area on a 7,200-Square Foot Lot | Unit Mix of (Three) 2-Bedroom/1.5-Bathroom Units, (Two) 2-Bedroom/1-Bathroom Units & (Two) 1-Bedroom/1-Bathroom Units | Close Proximity to Culver Steps, Culver City Arts District, Ivy Station, The Platform Shopping Center, The Shay Hotel, Amazon Studios, Downtown Culver City & the Future Apple Office Campus Site

Features

• 0.17 Acres
• 2 Stories