816 South Record Avenue, Los Angeles, CA 90023

Property Description

Offered for the very first time!! GREAT OPPORTUNITY!! FULLY OCCUPIED!! 19 BEDROOMS AND 10 BATHROOMS. This well maintained 10 unit multi family building was built in 2006 and is located in East Los Angeles in a great rental area. Each unit has separate electricity, gas, and water meters. Each unit has its own mini split. TENANTS PAY ALL UTILITIES. Very low maintenance and expenses. The property features 9 LARGE two-bedroom, one-bathroom floor plans, and 1 large one-bedroom one-bathroom unit. On-site coin-operated laundry, and covered parking is available for the tenants use. The property is in a dense residential area of East Los Angeles, one of LA's oldest and most influential communities about five miles from Downtown Los Angeles. Close to the high-end community of Monterey Park, nestled four miles away and simply a five-minute drive to the vibrant entertainment, restaurants, and shopping corridor on Whittier Boulevard. East Los Angeles College is three miles away, drawing many students looking for housing. Enjoy hassle-free connectivity reaching Interstate 710, Interstate 5, and Route 60 close by. Well maintained, with incredible accessibility, 816 Record Avenue is primed to offer an ideal investment opportunity to own a multi-family asset.