GREAT investment with a CAP rate of 8.7 located in the City of Los Angeles and consists of two (2) 3+2.5 units on a corner parcel. Constructed in 1991 and thus generally exempt from LA rent stabilization ordinance. The units have separate meters for water, gas, and electricity, which is rare in most income units and helps owners avoid paying for tenants’ water consumption and increases their net return.
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