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Listed by Erica Lockhart and Lorin Ruttenberg of Compass

Listing Sold by Compass
This fantastic eight-plex with Spanish flair is nestled in the ideal Wilshire Vista location. The building comprises eight one-bedroom, one-bathroom units, each averaging approximately 807 square feet. With strong current income and future rental upside potential, this property offers significant value. All units are separately metered for gas and electricity, and six of the eight units have been updated. Recent upgrades include a new roof, new plumbing, newer electrical in some units, and some new windows. Additionally, the property features four 1-car garages and a common area backyard for tenants to enjoy. It's worth noting that a total of 4 units will be delivered vacant. Located in the heart of Los Angeles, this property offers unparalleled convenience, within minutes of Wilshire Vista boutiques and cafes (local hot spot Sky's Gourmet Tacos is across the street and a neighborhood obsession), and Museum Row, The Grove, Target, Sprouts & so much more. A rare opportunity to acquire an exceptional income property in a sought-after area, with 50% of the units being delivered vacant, offering significant potential value for the next owner.

Property Details of 1344 S Dunsmuir Avenue

Property Details

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Based on information submitted to CRMLS as of February 23, 2024 2:27 PM 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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