1215 S Lake St, Los Angeles, CA 90006

Location! Location! Location!! Great Opportunity to investors.This wonderful well maintained 4 unit historic property is located at high demand rental area. Each unit has its laminate wood floor,granite counter tops in kitchen and washer and dryer hookups inside for each unit.Owner occupies one unit.The other one unit will be vacated and remodeled totally before escrow closing.There is a lot of potential for rent upgrading. It used to have $5714 a monthly rental income.But now it has Much more potential in income. One of the features of this property is that it has a useful attic.The attic was remodeled also.Three units of kitchen have been upgraded.Profile shows 13bdr+5ba.Buyer is to check with city for permits.This R4 zone with huge lot size(app.9000sq) will give the buyer a great opportunity to use the land. It has 11parking spaces.Great upside in future rent.