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Description
$200K Price reduction!!Seismic Earthquake Retrofit Complete!!! 2928 Carmona Avenue, located in the strong rental market of Mid-City, Los Angeles, CA The 6,429-square foot building is located on a 7,937-squarefoot lot with 10 parking spaces. The property is situated at the end of a charming cul-de-sac that has recently been landscaped. The 1964 building operates as nine units made up of six one-bedroom/one-bathroom units, two two bedroom/two-bathroom units and one three bedroom/ two bathroom unit. All units are individually metered for gas and electricity. There is an on-site laundry facility to provide extra revenue, .The subject property is located within walking distance to the new Metro train station one block north of Jefferson Avenue and two blocks east of La Cienega Boulevard. A hands-on investor will enjoy this strong cash flow deal with 15 percent upside in the rental income.
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