Highlights
- Nice unit mix
- Individually metered for Gas/ Electricity
- Centrally Located between Highland Park, Downtown, Arts District, and Dodger Stadium
- Close to Fwys
- 27% Upside in rents
- Ease of Management
- 15 units- no on-site manager required
Property Summary
Growth Investment Group is proud to present this 15 unit apartment GEM centrally located in the Lincoln Heights neighborhood of Los Angeles. The building shows well, and has a long term tenant base. The property has a nice unit mix with 8-1 bedrooms units, and 7 studios situated in 3 separate buildings. The rear building is located above garages which presents the opportunity to earn additional garage income. All units are individually metered for Gas/ Electricity. With Lincoln Heights’ proximity to DTLA, it allows for tremendous upside in rents and appreciation. This building has an attractive price per unit, and substantial upside, will be a great addition to any portfolio!