1243 Wellesley Ave APT 6, Los Angeles, CA 90025

The subject property is improved at 9,842 square feet of gross building area on a .19-acre lot. The improvements include 11 units and is currently 90% occupied. The subject property has been maintained in good condition which includes a totally remodeled unit (Unit #6) which includes new paint, bamboo hardwood flooring, new washer/dryer, new kitchen appliances and two remodeled bathrooms. Per the property manager, the subject property has also been improved with new plumbing and electrical systems along with a newer roof. The subject property has 14 on-site parking spaces. Each 2-bedroom unit has 2 tandem parking spots, and each 1-bedroom unit has 1 parking spot. Each unit in the subject property has a patio/balcony amenity and there is an on-site coin laundry room available for tenants. Some of the additional features include, Rare multifamily opportunity just south of Brentwood. Professionally managed with massive upside in rents for the new Buyer Recent renovations. Low price per unit. Ample parking. First time on market since 2002.