962 Magnolia Ave, Los Angeles, CA 90006

962 Magnolia Avenue is a 12 Unit multifamily investment property with large format floorplans for its 10-one bedroom apartments & 2-studios. Excellent location adjacent to Koreatown, one of Los Angeles' premier dining and nightlife hubs. The subject property received a high Walk Score of 93, a Walkers Paradise! The Los Angeles Soft Story Retrofit required work has been completed. There is onsite parking for tenants with secured access. Rents are below current market rents so there is upside to improve upon the current CAP of 4.27%.