DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a five-unit apartment community located at 2122-2124 6th Avenue. The subject property is located just south of Washington Boulevard bordering the desirable West Adams neighborhood to the south and the Arlington Heights sub-market to the north. Situated on a 7,508 square foot parcel, the property is comprised of four one-bedroom units and one three-bedroom unit. All units have in-unit washer/dryers & 60% of the unit interiors have been upgraded with new kitchen appliances, granite countertops, re-finished original hardwood floors, bathroom tiles & unit 2124 has central AC. There are five on-site garages, two of which are not leased & one garage is being used as an office/bonus room by one of the tenants for additional income. The office/bonus room and empty storage unit can both potentially be converted into attached ADU’s (Accessory Dwelling Unit) Buyer to verify. The continued gentrification of the surrounding area along with a strong value-add component of the deal makes 2122-2124 6th Avenue an excellent investment opportunity poised for long term healthy returns.
Lechavarria@onthegorealestate.com
