5475 Homeside Ave, Los Angeles, CA 90016

We are pleased to offer this ten (10) unit multifamily investment offering, located in the City of Los Angeles and subject to rent stabilization ordinance. The subject property was constructed of wood frame and stucco in 1959, and consists of approximately 6,231 rentable square feet on a 9,600 square foot lot. The unit mix consists of two (2) singles, five (5) 1+1 units, & three (3) 2+1 units. Upgrades to the investment include updated aluminum windows throughout, copper plumbing, a new roof with new rain gutters installed (2015), new exterior paint & stucco patch (2016), re-patched resurfaced parking area with new asphalt (2016), on-site laundry room installed for additional income (2016), new security camera with a DVR System installed (2015), and new landscaping (2016). The building amenities include six (6) carport parking spaces, two (2) garage parking/storage spaces with additional on-site parking, on-site surveillance, and the building is separately metered for gas & electricity