711 W 90th St

Price Improvement!! Amazing opportunity to acquire a recently upgraded and stabilized five unit building in South Los Angeles, with upside remaining on rents. Spanning two structures on a huge corner lot, this property is comprised of two 3-bed units, three 2-bed units, as well as three attached garages. Ideally situated across the street from the Algin Sutton Recreation Center, a beautiful park, this property presents a stable unit mix and in-demand location that will command rising rents for the foreseeable future. Less than 3 miles to SoFi Stadium, 6 miles to the Crypto.com Arena, 7 miles to LAX, and 8 miles to Dodger Stadium, this centrally located asset provides tenants with easy commute and access to the whole of Southern California via nearby 110, 105 and 10 freeways. Recently upgraded, each apartment has a newer kitchen newer cabinets and granite countertops, newer bathroom with white-stone, as well as durable and hypoallergenic ceramic flooring. Additional improvements include newer composition roofs, copper plumbing, gas lines, abs drainage, sewer lines, electrical sub panel and main box upgrades, LED lighting fixtures throughout interior and exterior, and tankless water heaters for all units. This property presents a tremendous opportunity to piggyback on the recent renovations to capture market rate leases and maximize return. Additionally, there may be an opportunity to further maximize investment by adding an ADU for an additional stream of income and equity addition (buyer to verify).