The LA Apartment Advisors are proud to present these 3 units plus 1 non-conforming located at 841 W 74th Street in Los Angeles, California. Built in 1910, the property sits on 5,602 square feet of land with 1,744 square feet of rentable area and consists of 2- one bed / one bath, 1- three bed / one bath and 1- two bed / 1 bath (non-conforming) units.

The property is well located on West 74th Street, south of Florence Avenue, east of Vermont Avenue and west of Hoover Street just south of Downtown and east of Inglewood. The offering is proximate to world class dining, shopping and entertainment, minutes from SoFi Stadium (the future home of the LA Rams and LA Chargers), The Forum and The Hollywood Park Casino to the West and Staples Center, LA Live, and Dodgers Stadium to the North.

The offering boasts a 6.69% cap rate on current income with significant upside in rents and features a 2018 repaired roof, new copper plumbing  (3 of 4 units), a new gas line, a completely renovated back unit (20 months ago), fresh paint, and stucco/wood repair. The property offers an investor the rare opportunity to own high cash flow asset with significant upside in rents in a dense rental location.