Kondominium kup w Jeffersona, Kalifornia

We are pleased to offer for sale a 32-unit apartment community located at 676 S Rampart Blvd. Ideally located just west of MacArthur Park, the property boasts a great unit mix of twenty-four (24) studios and eight (8) one bedrooms. The building itself is a four-story building on a 5,997 square-foot lot and the rentable square feet checks in at approximately 17,680 square feet. This asset offers an investor a tremendous opportunity to purchase a well-maintained, well-located asset with exceptional value-add potential. Based on our calculations, the rental upside is right around 50%, which gives the buyer plenty of opportunity to increase income as tenants move out and increase their returns. Another very intriguing aspect of this property is that it is separately metered for gas & electricity, meaning that tenants are responsible for their own utility usage. This rare opportunity is perfect for long-term investor who is looking to place their money into a well-located asset with great future potential. If you are interested in this property, please give us a call today to discuss the opportunity. MLS® ID: 22204065 Listed: 9/28/22 Updated: 10/16/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 32 Cooling: None Heating: None Exterior/Building Features Lot Size: 5,998 ft2 lot Other Property Details Area Name: C42 - Downtown L.A. Garage: No Parking: None View: N County: Los Angeles Pool: No Total Stories: 4 Zoning: LAC4 Courtesy of Marcus & Millichap, Saadia Liberow, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/16/22. 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.