Well maintained 9-unit apartment building in a Prime West LA location on the
border of Santa Monica and right next to Brentwood. Extremely strong rental
demand area with ideal income producing unit mix including (5) 2-bedroom units,
(3) 1-bedroom units, and (1) studio unit. Building has undergone seismic
retrofitting. Recently passed insurance inspections and units have new subpanels.
Most units have undergone light renovations including replacing flooring, modern
hardware, and modern light fixtures. Rental upside can be achieved through more
substantial renovations to the kitchens and bathrooms. Select units have private
outdoor space (balconies/patios). Well parked property. On-site laundry with
machines owned by landlord. Professionally managed and cared for property. (1)
one bedroom unit to become vacant at end of July and has significant rental upside
through renovations.