Description
We are pleased to present a nine (9) unit apartment building located at 1449 South Point View Street in Los Angeles, California. This meticulously maintained property is situated in a prime Pico/Fairfax location, south of West Pico Boulevard and west of South Fairfax Avenue near "The Grove". Built in 1965, this property contains a great unit mix of five (5) one-bedroom/one-bathroom units and four (4) two-bedroom/two-bathroom units. All units are within a 7,566 square foot (SF) building. This building includes an on-site laundry common area, and nine (9) covered parking spaces within the carport and tuck-under in the back. New paint, 4 units fully remodeled, retrofit completed in 2023. The tenants pay for electricity and gas, and the offering can be delivered with one (2) vacancy. Situated in a prime Pico/Fairfax location, this offering presents an excellent opportunity for any investor to capitalize leasing with rental upside potential and adding value in a gentrifying market adjacent to Beverly Hills.
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