Well-maintained 7-unit apartment building in the heart of Pico-Fairfax, adjacent to vibrant Little Ethiopia and close to transit, dining, and major freeways. Great unit mix: (2) 2BD/2BA, (1) 2BD/1BA, (3) 1BD/1BA, plus (1) guest room (no kitchen). Two units, including the guest room, are currently vacant offering immediate upside. Units… Read More 1,2, and 3 have been recently updated, and all upstairs units feature private balconies. The property has completed both front and rear soft-story retrofits. It includes on-site card-operated laundry, separate gas/electric meters (units 1-6), and parking for all units (a mix of covered/tandem). Under LA Rent Control, with rents increased as of February 2025. Consistent cash flow, strong location, and well-kept condition make this a turnkey investment opportunity. Read Less
Courtesy of Power Brokers 424-738-5900
Listing Snapshot
Days Online
3
Last Updated
Property Type
Other
Beds
9
Square Ft.
5,983
Lot Size
0.16 Acres
Year Built
1959
MLS Number
25549809
30 Days Snapshot Of 90019
$1.53M
+5%
(avg) sold price
9
0%
homes sold
58
-32%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Built-In And Free Standing, Washer, Dryer, Range/Oven, Refrigerator
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