642 N Grand Ave APT 3, Los Angeles, CA 90012

REDUCED on 5/20/2009!! The subject property is a five (5) unit apartment building located in prime Chinatown, minutes away from the Downtown Financial District. Due to its great unit mix, this apartment complex is approximately 4,175 square feet, nestled on a lot of approximately 6,403 square feet of land.It is located in a primarily residential community of apartment complexes, and of single family homes. Developers have been active in this area due to the growing demand in rentals brought on mainly the areas centrality, and close proximity to Downtown. The property is convenient to the Ventura (101) Freeway, providing quick access to Hollywood,West Los Angeles, and the San Fernando Valley, making it an excellent rental location.