Condominium buy in Baldwin Hills California

Located in the Prime West Adams Neighborhood of Los Angeles | 4.32% Current CAP Rate & 15.38 Current GRM | Approximately 29% 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 6.12% | 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 MLS® ID: 22208011 Listed: 10/11/22 Updated: 10/17/22 Interior Features Total Bedrooms: 12 Total Bathrooms: 9 Exterior/Building Features Lot Size: 7,200 ft2 lot Other Property Details Area Name: C16 - Mid Los Angeles Garage: No Parking: Gated Parking Total: 7.0 View: N County: Los Angeles Pool: No Total Stories: 2 Zoning: LARD1.5 Courtesy of Shield CRE, Inc., Gianluca Jacoli, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/17/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.