9305 Maie Ave, Los Angeles, CA 90002

Property Description

BACK ON THE MARKET! AT NO FAULT OF SELLER, BUYER FAILED TO PERFORM! Welcome to this charming (3)1 bedroom (1)2 bedroom all 1-bath, 4 units, zoned LAR2, situated on a generous 9,040sqft lot, near shops, restaurants, freeways, DTLA and more. Each unit includes inside laundry, assigned parking, gas and electric meters, cooper plumbing throughout and new roofs. The owner is responsible for water only making this a positive cash flowing property. **VA loan of approximately $715,000 with a very attractive fixed rate and below market of 2.25% is assumable upon another Veteran approved buyer. All units are tenant occupied, month to month, paying on time and will not be delivered vacant at the close of escrow. Buyers will be responsible for relocating occupants per City of LA LAHD requirements. Don't miss out on the chance to acquire a property with great income potential and the option to add and/or expand more rental structure. Sold as-is.