Prime Sawtelle neighborhood 9 unit apartment building located in one of the most desirable locations within West Los Angeles. Easy access to the 405/10 freeways, UCLA and Santa Monica College. Building has not had a vacancy in almost 10 years due to high demand for rentals in the area. Fully occupied with lots of upside potential. Gated building with 12 parking spaces including 4 tandem spaces. Many units have been remodeled with hardwood floors, newer appliances and window A/C units. Offering Memodrandum is attached in the supplemental information section of listing. Please review before calling. Please do not enter property or disturb occupants. Existing $1.4M loan at approximately 3% APR fixed through 9/26 is assumable subject to fees and lender qualifications. Buyer to cooperate with Seller’s 1031 exchange.
Lechavarria@onthegorealestate.com