profile properties buyers / sellers investor's corner Blog Contact

(323) 662-2772
andrew@acmproperties.com

 


1701 N Commonwealth Ave
Los Angeles, CA 90027
Los Feliz Investment Opportunity
Offered at $2,900,000
Status: Sold
Status Date: November 20, 2017
Type: Income
Bedrooms: 16
Baths: 16
Living Area: 8272 Square Ft.
Lot Size: 6787


Investment Highlights
Prime location
All units are 2 br, 2 baths with balconies
4 units have been recently renovated
25 % upside in rents
Gated secured parking tuck under, one space per unit
On-site laundry facility
Each unit is individually meter


Modern 8 unit building on a corner lot in prime Los Feliz area. Extra large units, bamboo and laminate flooring. Each unit has a private balcony. Four apartments have been remodeled. Huge upside in rents. Building passed LAHD SCEP inspection in 2017. Property is under City of LA mandatory soft story earthquake retrofitting program.

Additional Documents:

Marketing Package

back to properties

 
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The information at this site is provided solely for informational purposes and does not constitute an offer to sell, rent, or advertise real estate outside the state in which the owner of the site is licensed. The owner is not making any warranties or representations concerning any of these properties including their availability. Information at this site is deemed reliable but not guaranteed and should be independently verified.

 

 © 2017 Agent Image, Inc. All rights reserved.