1553 2nd Ave, Los Angeles, CA 90019

PRICE IMPROVEMENT ($100K+) / 4.45 CAP & 12xGross on CURRENT ACTUAL #s!!! Synergy Investment Group, as Exclusive Agents, is pleased to provide the opportunity to acquire this charming 8-unit Multifamily asset in the highly sought after Mid-City 90019 zip code. The Property consists of eight (8) Large, Spacious 1-Bed + 1-Bath units each of which includes a Den which can function and is being used as a second Bedroom. Property also boasts of having on-site Garages that generate additional monthly income. Ideal as an Owner-User investment or perfect for any first-time and/or experienced Multifamily Investor looking to add a low maintenance building to their portfolio. Close proximity to the 10, 405, and 110 Freeways and centrally located with short driving distance to Downtown LA and Santa Monica. Nearby immediate cities include Hollywood, Downtown Los Angeles, Santa Monica, Universal Studios, and Inglewood to name a few. And with a sound, diverse demographic, the property is ideally located to nearby attractions such as Hollywood Bowl, Staples Center, SoFi Stadium, LA Memorial Coliseum, and other LA hot spots.