Excellent opportunity for an owner-user, investor, or developer near MacArthur Park and Downtown LA! This well-maintained property offers updated units featuring German laminate wood flooring, Italian tile, granite kitchen countertops, formal dining rooms, and spacious bedrooms with walk-in closets. Each unit includes mini-split AC systems and in-unit laundry hookups. The gated building is equipped with dual-pane windows, two 2-car garages, and completed earthquake retrofitting. Conveniently located just two blocks from Home Depot and close to shops and restaurants. Notably, tenants have not had a rent increase since 2020, adding significant upside potential! Expenses per year are: Taxes $16,000 | Water/Sewer/Sanitation $5,400 | Insurance $4500 | Gardener $1080.

Listing courtesy of Emory Donelson of Estate Properties

Based on information from the The MLS as of 2025-10-28 08:08 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.