David Bramante is pleased to exclusively offer for sale 1614 6th Avenue, Los Angeles, CA 90019. This well-maintained turnkey apartment investment consists of five multi-family units located in the highly desirable Mid-City submarket of Los Angeles.
The property has a strong unit mix of two one-bedroom/one-bathroom units and three two-bedroom/one-bathroom units, and several of these units have been recently remodeled.
The building is stucco, two-story and comprised of 3,981 rentable square feet, and is situated on a lot comprised of 4,077 square feet. With newer paint and well manicured landscaping, this late 1930’s construction shows very well compared to other multi-family properties in the vicinity.
This property provides onsite parking for several tenants and ample street parking is available.
1614 6th Avenue is located at Venice Boulevard between Crenshaw Boulevard and Arlington Avenue, and is just north of the 10 Freeway.
This is an excellent opportunity for an investor to purchase a well-maintained partially remodeled investment yielding solid returns, with significant potential upside in rents. |
