Residential Income - Los Angeles, CA

Buildings like 4451 Clarissa Ave are the originals from which the New Urbanism movement draws inspiration. Proximity to transportation, great restaurants and shopping, style that evokes classic urban architecture, streetscapes at a human scale, and nearby job centers and recreation are the amenities that ensure these four units will always command high rents. The four two-bedroom, one-bath units are spacious--each around 1,200 SF--with high ceilings, arched doorways, hardwood floors, built-in linen cabinets, with laundry and central heat and air in each unit. If your heart is set on a classic building that makes financial sense, offers **immediate upside**, and works for a 1031 or owner-user, look no further.