This legacy property is the Best Value in Reynier Village at $227k Per Unit, $232 PSF and 11.67 times Gross !! It has been in the family for 51 years, and professionally managed for decades. The location is prime. It’s just a few blocks from Kaiser West LA, Culver City Arts District, HBO, Apple, Amazon Studios, etc. The unit mix is ideal with (3) 2BR/1BA, and (6) 1BR/1BA. Two of the units will be delivered vacant and there is over 50% upside on potential rent. The building has been well maintained. A brand new electrical service panel was installed last year with permits, and EQ retrofit has been completed. There are 9 parking spaces and secure entry for the tenants safety and convenience. The property is being sold in conjunction with 2038 Holt St. , and be purchased together or separately. Don’t miss this one!
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