A 7-unit multifamily property located in the charming and rapidly-developing neighborhood of Pico-Robertson. East of La Cienega Boulevard and north of Cadillac Avenue, the subject property is in close proximity to the The Grove, Beverly Center and Miracle Mile. Two-story 7,bd159 SF building is comprised of (1) four-bdrm. unit, (1) three-bdrm. unit and (5) two-bdrm. units. Bright and spacious units average approx. 1,000 SF each. Current rents are approx. 26% below market value for nicely remodeled units in area. Each unit features at least one parking spot and has been separately metered for gas and electricity. No seismic retrofitting required.
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