2726 Alsace Ave, Los Angeles, CA 90016

Property Description

GREAT INVESTMENT OPPORTUNITY WITH TREMENDOUS UPSIDE POTENTIAL!!!!!!!!
 Eight unit multi-family investment property located in the Mid-City neighborhood of Los Angeles, California. The offering sits between Jefferson Blvd and Adams Blvd. in the desirable neighborhood of West Adams. It is a short distance to the burgeoning scene filled with new developments as well as shops, restaurants, and public transportation.The property has 5,147 square feet of rentable space and sits on a 7,207 square foot lot. The property provides tenants with on-site parking. The gas and electricity are both individually metered. The building consist of 7 1 Bd/1 Bth units and 1 2 Bd/ 1 Bth unit. An asset that offers investor an excellent opportunity to purchase a building with rents well below market with the opportunity to create future upside cashflow potential with unit turnover. Bring your 1031X investors.