Rare investment opportunity with huge upside in rents: Five individually parceled 3-Bed / 2.5-Bath Condominiums built in 1991, each with its own APN (2237-021-026, 2237-021-027, 2237-021-028, 2237-021-029, 2237-021-030) and featuring attached 2-car garages with direct access, private balconies, in-unit washer/dryer hookups, dishwashers, and central HVAC. Per ZIMAS, these units are not subject to RSO rent control and not subject to AB1482 (individually owned condos, not held by a corporation or trust). All units are individually metered for electric and gas and have their own water heaters. One unit has been fully remodeled, leaving four units primed for value-add cosmetic upgrades, creating excellent potential for strong cash flow, renovation upside, and multiple exit strategies.
For sale
Listing Provided by:
Alen Arutyunyan DRE #01711886 8186403989,
LEAD Realty & Lending
Price increase: $145K (9/20)
$2,795,000
14253 Gilmore St APT A, Los Angeles, CA 91401
15beds
15baths
6,092sqft
Est.:
Condominium
Built in 1991
-- sqft lot
$-- Zestimate®
$459/sqft
$-- HOA
What's special
Private balconiesValue-add cosmetic upgradesCentral hvac
- 178 days |
- 54 |
- 2 |
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