1015 Masselin Ave, Los Angeles, CA 90019

Great investor opportunity to buy a late 1920's Spanish style 5 unit property with cash flow potential! Prime location in Miracle Mile/ Mid-City area, close to the Grove, shops and restaurants, and pending Metro purple line extension. Upside rents within a rent controlled area. All 2 BR units occupied, 3 BR unit and Efficiency unit delivered vacant (no kitchen in efficiency unit). Units feature original hardwood flooring and tile, tenant occupied units have been well maintained. Washer/dryer hookup in unit for 2 and 3 Bedroom units only. Very quiet neighborhood with long term residents. Enforced permit street parking; garage has 3 available parking spaces and a work/storage area. Do NOT walk property or disturb tenants!