1224 5th Ave, Los Angeles, CA 90019

Wonderful opportunity to own a 9 unit apartment building consisting of 2 singles, 6 (1) bedroom units and a large 5 bedroom/ 2 bathroom unit on the third floor. Great income potential and annual cap rate. Long-term tenants, and low vacancy rate. Close to shopping and public transportation, walking distance to Korea Town, Arlington Heights and the Miracle Mile; and a quick drive to USC, Staple Center, the Financial District, Walt Disney Concert Hall, The California Science Center, The Los Angeles County Museum of Art, The Wiltern, and many many more. By the year 2040, it is expected that the population growth in the state of California will increase by an estimated 10 million people, from 39 to 49 Million, making housing one of the most necessary commodities in the state besides water and food. Investing in real estate for your retirement has never looked so good. Call today, or someone else will.