461 W 46th St, Los Angeles, CA 90037

Property Description

7% CAP RATE at 461 W 46th Street, Los Angeles. ATTENTION INVESTORS. BEST PRICE AND CAP RATE IN THE AREA. With four large units contained within a single, easy to manage building, this could be a wonderful addition to your bricks and mortar portfolio. Featuring a unit mix of TWO large three bedroom, one bath units; a two bedroom, one bath unit; and a large one bedroom, one bath unit with integrated living and dining room—there are many choices for a variety of living needs. The Spanish charm flows within; some living rooms contain coved ceilings and period appropriate faux fireplaces; light walls are contrasted against dark laminate flooring. The updated kitchens are stylistically stunning, gleaming dark granite counters rest atop crisp white modern cabinetry. While style is important component, crucial metrics are met as well: each unit is separately metered for both electrical and gas. PROPERTY BEING SOLD AS-IS.