Property
Listing Agent: Errol Spiro (DRE #00893163) · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Jonathan Taksa · Remax Commercial and Investment Realty · MLS #22223061 · Source: CRMLS
A unique opportunity to purchase 13 multi-family units in a prime West LA location on Rochester Ave. This 13 unit property has an excellent unit mix of (7) 1 BR and (6) 2 BR units. The property was constructed in 1961 is approximately 12,390 SqFt of building on a 13,356 SqFt lot. Large units with the 2 BR having 1 1/2 & 1 3/4 baths. Substantial rental upside, creating a quintessential "value-add" investment opportunity. This trophy asset in an undeniable attractive location that will surely pay long term dividends to a savvy investor. Property can be purchased individually or part of a five property portfolio that also includes, 12415 Texas Ave. (10 units), 12425 Texas Ave., (19 units), 1338 Carmelina (8 units) & 1352 Carmelina Ave. (26 units).
Listing description from the March 2023 sale, as reported to CRMLS.