$1,995,000
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2221 Addison Way Los Angeles, CA 90041
Cluster
Residence
8
Beds
8
Baths
5,144
Sq. Ft.
0.29
Acre
Lot
Property Activity
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days
Days on Market
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8 Unit income property in highly desirable Eagle Rock - a rare find in a market with extremely limited inventory. All units are 1 Bedroom 1 Bath. Four blocks from Colorado Blvd. Close to Occidental College. Six garages currently being used as storage for tenants. 6 uncovered parking spaces. All unit...s separately metered for gas and electricity and all units have separate water heaters. Foundation bolting completed in 2013. Indicative of the strong rental demand in the local area, this property is fully leased. Upon unit turnover, this property presents an enticing 32% potential upside in rental income, making it a compelling opportunity for growth-minded investors. CONTACT LISTING AGENT FOR FULL OFFERING MEMORANDUM.
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MLS#
24390355
Property Type
Cluster
Status
Active Under Contract
Bedrooms
8
Bathrooms
Year Built
1925
Square Feet
5,144
sq. ft
Lot Size
0.29
Stories
2.0
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