Listing courtesy of: Davis Saadian, KW Advisors
Assumed Rate
Principle & Interest
We are pleased to present the opportunity to acquire 1102 W. 18th Street, a four (4) unit multifamily investment, located in Downtown Los Angeles. This two-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 3,784 SF on a 5,020 SF lot. The unit mix consists of four (4) spacious 2-bedroom + 1-bathroom units. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier property in the attractive Downtown LA submarket that will provide exponential returns. The subject property is 100% occupied, and is subject to the City of Los Angeles rent control regulation. Current income is approximately $6,000/month, with about 50% potential upside in rents.
Listing From:
Last updated: 2024-08-27T22:39:09.000Z
© , . All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Real estate listings held by brokerage firms other than agent name are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
Assumed Rate
Principle & Interest
UMe Realty Group © is committed to and abides by the Fair Housing Act of Equal Opportunity.