Property · 2 recorded sales since 2015
Listing Agent: Enrique Viramontes (DRE #01372010) · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Robbie Schultz · Pacific Realty of California · MLS #21699320 · Source: CRMLS
Walter Street Villas are a perfect value add investment located in the emerging area of Walnut Park, an unincorporated pocket adjacent to Huntington Park. The property is comprised of a total of 9 units, mostly (one bedroom) single story 'casitas' and one two bedroom unit over garages in the rear. The property has undergone some modern upgrades such as kitchen and bathroom remodels, newer windows, plumbing and electrical updates. However, this property offers a blank canvas for a new buyer to implement a creative management strategy in this emerging market. Longer term tenants all current in their rent. All units are separately metered for gas and electricity.
Listing description from the September 2021 sale, as reported to CRMLS.