Description:

Located in the sought after Palms/Mar Vista area, this 10 one bedroom one bath unit building features 15 parking spots - 5 tandem and 5 single. With most of the units updated, the building is ready for an astute investor/owner's added value. Conservative Up-side of over 40% in rents in this strong rental market. The large 7554 sqft lot guarantees future value. The property is in close proximity to many restaurants, cafes, and nightlife, as well as, a weekly Farmer's Market. This location provides tenants easy access to surrounding areas including Culver City, Marina Del Rey and Venice. The area is growing with entertainment and technology companies such as Amazon, Google, Apple, Sony and HBO, providing a pool of tenants.