2221 ADDISON WAY
LOS ANGELES, CA 90041
$2,100,000
8 Beds
8 Baths
5,144 Sq Ft
Status Active
MLS# 24-390355
8 Unit income property in highly desirable Eagle Rock - a rare find in a market with extremely limited inventory. All units are 1 Bedroom 1 Bath. Four blocks from Colorado Blvd. Close to Occidental College. Six garages currently being used as storage for tenants. 6 uncovered parking spaces. All units separately metered for gas and electricity and all units have separate water heaters. Foundation bolting completed in 2013. Indicative of the strong rental demand in the local area, this property is fully leased. Upon unit turnover, this property presents an enticing 32% potential upside in rental income, making it a compelling opportunity for growth-minded investors. CONTACT LISTING AGENT FOR FULL OFFERING MEMORANDUM.
Details for 2221 ADDISON WAY
Built in 1925
$408 / Sq Ft
6 parking spaces
Window Unit(s)
Wall Gas
20 Days on website
0.2902 acres lot
Area Information for 2221 ADDISON WAY
