4124 Monroe Street, Los Angeles, CA 90029

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4124 Monroe Street

$1,950,000

Overview

Property ID: HZ25578059

8
Bedrooms

7
Bathrooms

4605
Sq Ft

1948
Year Built

Description

Representing a remarkable OPPORTUNITY ZONED 7-unit apartment building with 90% current market rents. This property features 6 upgraded 1 bed/1 bath units, and one 2 bed 1 bath unit. Each has its own washer and dryer. 6 units have been thoughtfully upgraded showcasing open layouts that enhance the living space. ALL UNITS HAS ITS OWN PARKING. Located in a bustling hip neighborhood, on the edge of Silverlake-one of the trendiest areas in LA. This property benefits from excellent walkability to popular, trendy cafes and restaurants. The combination of upgraded units and a thriving location offers significant potential for rental income growth, making this apartment building an excellent opportunity for savvy investors looking to expand their portfolio in a high-demand location which is only 5-10 min drive to Hollywood, Los Feliz, Downtown, Koreatown, Echo Park. It doesn’t get much more central in terms of location! Don’t miss your chance to capitalize on this unique investment opportunity!