6 Units Multi-family

The subject property is located in a core Los Angeles submarket (Mid-Wilshire/Carthay). The asset consists of (4) 2-bed/1-bath units and (2) 2-bed/1.5-bath units, totaling 6,537 SF, built in 1951, and zoned LAR3. Two units are offered vacant for immediate lease-up at market rents. The property features documented capital reinvestment including a full roof replacement with Class A/B materials (2023), soft-story seismic retrofit and compliance certificates (2023), and interior unit remodels including full kitchen and bath renovation (2025). The offering price of $2,395,000 equates to apx. $399,167 per unit and represents a 5.83% cap rate on a fully stabilized basis.