Residential Income - LOS ANGELES, CA

PROPERTY 50% VACANT - 2BR+1.5BA, 2BR+1BA & 1BR+1BA! We are pleased to present the Shenandoah Apartments - a six (6) unit multifamily investment opportunity located in the highly sought after Pico-Robertson District. This wood frame stucco building, built in 1956, consists of 5,894 SF of living area and is situated on a 6,499 SF lot zoned [Q]R3-1-O located in a Tier 3 TOC zone. The subject property presents an incredible value-add opportunity for an investor to renovate the units and bring rents up to market value. The property boasts a phenomenal unit mix of Two (2) One Bed \/ One Bath units, One (1) Two Bed \/ One Bath unit, One (1) Two Bed \/ One and a Half Bath unit, One (1) Two Bed \/ Two Bath unit, and One (1) Three Bed \/ Two Bath unit. In addition to providing tenants with Twelve (12) parking spaces, the building also has an on-site laundry room with Seller owned washer and dryer units. Each unit comes with newer appliances, a dish washer, and hard wood and tile flooring.