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Listed by Joshua Tomaszewski of JRM Properties
$400,0000 PRICE REDUCTION!!! Terrific opportunity to acquire a 14 unit Multi Family investment deal adjacent to Hancock Park. This corner lot, gated property has a great Unit Mix with 4 (2 +2) 1 (2+1) and 9 (1+1) with many units having private porches. An additional $1,100 in income in February 2024 with 7% increases. Both a 1 bedroom and 2 bedroom can be delivered vacant at closing. The property has been professionally managed and is separately metered for Gas and Electric. The soft story retrofit work has been completed. Property is located near many newer developments, near shopping, hotels, entertainment, restaurants and a block away from local transportation. Aprox another 40% upside in this deal. Buyers to cooperate with Sellers 1031 Tax Exchange

Property Details of 3945 W 8th Street

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Based on information submitted to CRMLS as of December 1, 2023 5:51 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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