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1060 N. Avenue 50

Los Angeles, CA 90042

Address
City
Type
APN
Building Area ±
Land Area ±
Zoning
1060 N. Avenue 50
Los Angeles, CA 90042
7 Apartment Units
5477-016-001
5,746
2,628
LAR1

Rare Opportunity to Acquire in One of LA’s Hottest Locations – Supply Constrained North Highland Park. Multi-Family Assets in this Pocket are Extremely Rare!

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White Glove Renovation to 5/7 Units – Allowing an Investor to Immediately Capitalize on Returns – Perfect 1031 Exchange with Significant Value to be Added by an Astute Investor

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2 Fully Renovated Units Delivered VACANT – Allowing for a Variety of Uses: Long-term Rental – Occidental College Students Short-term Corporate Housing

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The Property is Nestled in a Quiet, Residentially Zoned Area of Highland Park, allowing for Above Market Rents

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Seller Has Plans Being Submitted to the City to Convert Two Single Car Garage Spaces into Additional 1 Bed & 1 Bath ADU

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Walking Distance to Famous York Blvd & Within Minutes to Figueroa Retail Corridor

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CONTACT TO REQUEST OM

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ERIC DILANIAN

Vice President of Investments

(213) 233-4379

EricDilanian@remaxcir.com

DRE # 01951699