ABOUT THIS PROPERTY

SELLER FINANCING AVAILABLE!!

Building Completed in 2022; No RSO (rent stabilization ordinance) or AB-1482 with
an immediate +- 32.33% rental upside potential.

• Excellent unit-mix of 2 (two) 3Bedroom + 2Bathroom units, six (6) 2bedroom +2Bathroom | 1.5 Bathroom| 1Bathroom units. All units equipped with private laundry. 7-units are currently MTM and 8th unit lease expires 3/31/2026.
• Three (3) units can be converted into 3-Bedrooms per original building plans
• Seller Financing: Assumable 1st Loan of $2.2M at 4.5% fixed until 9/2027, and Seller-Carry 2nd with low monthly payments.
• Building Completed in 2022; No RSO (rent stabilization ordinance) with
  an immediate +- 32.33% rental upside potential
• 14 parking spaces — potential for 7 ADUs or expansion (buyer to verify).
• Seven units separately metered for electricity, gas, and internet. 7 units privately metered for water (landlord reads meters and bills tenants).
• Prime Glassell Park location: Near Glendale, Atwater Village, Los Feliz, Mt. Washington, Silver Lake
• Two(2) common storage rooms; Most units have balconies and some feature private offices
• Many nearby amenities: Dodger Stadium, Whole Foods, Costco, Glendale Galleria, Americana at Brand, Hospitals, Schools, and everything L.A. has to offer.