Amazing opportunity to own a gem in Un-incorporated LA County portion of Montrose a stone throw away from Trader joes on Honolulu. This building was constructed in 1961 and consists of (8) 2+1, and (1) 2+1.5 townhouse on a large 13,216 SQFT lot. There are (9) carports detached from the building, “no” soft story. Majority of the units have been remodeled with hardwood flooring, ceramic wall and floor tiles in bathroom and kitchen, wall type heating and air conditioning. The townhouse unit has been upgraded with Central A/C. The building is located right across from Montrose shopping park, Glendale satellite library and Fire department. The property has a historically high occupancy rate and the rents are close to market in the apartments current state, so no issues with pending rent control discussions of the county of LA. That is, the current owner can re-position units once they become vacant and achieve higher rents.
