205 W 89TH ST, Los Angeles (City), California
205 W 89TH ST, Los Angeles (City), California 90003 - We are pleased to offer this four (4) unit multifamily investment offering, located in the City of Los Angeles and subject to the rent stabilization ordinance. The subject property is constructed of wood frame and stucco in 1964, with approximately 3,591 rentable square feet on a 5,400 square foot lot. The asset is comprised of one two-story structure and the unit mix consists of one (1) 1+1, two (2) 2+1, and one (1) 3+1.5 units. Recent upgrades to the property include updated aluminum windows throughout. Building amenities include a secured entry and gated on-site parking with four (4) spaces, on-site laundry room for additional income, individual water heaters in each unit, and the property is separately metered for gas & electricity. This property is being sold simultaneously with 235 W. 89th Street (4 units) by the same owner.
Listing Courtesy of BRC Advisors Inc.