Fully renovated Fourplex conveniently located in Cypress Park, in close proximity to Highland Park, Downtown LA, and the nearby LA River.
Built in 1925 and renovated with permits in 2019/2020, the complex offers an incredible unit mix of (one) 1 Bed+1 Bath+1 Yard unit, (one) 2 Bed+2 Bath unit, and (two) 1 Bed+1 Bath units.
The Two-Bedroom unit is currently vacant. All units feature remodeled kitchens, outfitted with sleek white countertops, outdoor patios, brand new appliances, modern white cabinets, In-Unit Laundry, A/C, and five 1-Car garages with a total of 7 parking spaces!
Utilities are submetered for gas and electric and tenants are responsible for ALL utilities, keeping Landlord expenses low. Located a walk away from the LA River and the upcoming Taylor Yard Bike & Pedestrian bridge, this meticulously maintained fourplex presents a rare opportunity for an investor to acquire a remodeled asset and achieve a ~5.13% Cap Rate.
Contact Chris Shahinian to schedule a private showing!
- Elijah Korobkin
- Chris Shahinian
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