1965 S Garth Ave APT 4, Los Angeles, CA 90034

1965 South Garth Avenue, a six-unit investment opportunity in the South Robertson neighborhood of Los Angeles. This is a centrally located property in Los Angeles with close proximity to Culver City, Beverly Hills and Century City that attracts high-end renters with a quick commute throughout the city.The subject property will be delivered with five of the six units vacant, allowing an investor to renovate and achieve market rents immediately upon the close of escrow. The building consists of five three-bedrooms units and one single unit with no buyouts or relocation required. At the projected market rents, once stabilized the building is being offered at a projected 4.99%-5.44% CAP rate. There are six total parking spaces with city approval and Tenant Habitability Program in-place for the seismic retrofit work required. Gas and electricity are separately metered and each of the units have central heat throughout.