The Ovaness-Rostamian Group of Marcus & Millichap is excited to present an exceptional investment opportunity in the Central Alameda neighborhood of Los Angeles. This 4-unit property offers a value-add opportunity that promises significant upside potential due to below market rents. 

 

The two story building is comprised of two 3 bedroom / 2 bath & two 2 bedroom / 1 bath units. Each unit is separately metered and has it’s own laundry. With rents below market and the desirable size of each unit investors can expect substantial returns from improving the property and pursuing market rents.

 

Furthermore, the property is located in walkable and transit friendly neighborhood (Walk Score 69 /Transit Score 57) walking distance from the Slauson Recreation Center as well as walking distance from 4 major elementary schools such as Hooper Ave., 49th Street, Aurora and Holmes Elementary. This proximity to schools and parks adds to the convenience and desirability of the location.

 

For commuters and those needing to travel, the property benefits from its convenient location just a 8-minute drive from the to the 110 Freeway and 20 minutes from DTLA. Additionally, the property is less than 1 mile from the Slauson L.A. METRO station, providing easy access to shopping, dining, and entertainment options as well as commuting to work.

 

Overall, this opportunity in Central Alameda Los Angeles presents an attractive investment option. With its highly centralized location, attractive unit sizes, substantial upside potential, and convenient access to amenities and transportation, this property is well-positioned to generate strong returns for savvy investors.