Value-Add Investment Opportunity! The subject property is a two story multifamily quadplex consisting of all 1 Bedroom + 1 Bathroom units. The property is well located near Exposition Park and the area has significant investment in recent years. These investments include, the George Lucas Museum of Narrative Art, BMO Stadium, expansion of the Los Angeles Natural History Museum, and the multitude of apartment projects along Figueroa St. The building is 4,072 Sq. Ft. with units averaging over 1,000 Sq. ft. each. Potential opportunity to convert 1 bed units into 2 bed units to achieve higher rents. Property is accessible by an alley in the rear and has room enough for 4 car parking spaces. Potential to build ADU in rear. *Buyer to verify all information* Drive by only, do not disturb tenants.
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