Opportunity Zone investment opportunity!This 4 unit property affords an investor immediate income with upside, as well. The property was originally built in the 20's but was "taken down to the studs" and rebuilt in 1980 (Buyer to verify). The building is fully-secured with controlled access through the front gate. The units are large and the hilltop location means the tenants enjoy Harbor views! The building was tented recently and section 1 termite clearance work was completed. Additionally, the units have washer/dryer hookups.Also, the property's rental income is largely guaranteed every month. All units are Section 8, which means the income comes early every month without fail. Even better, all units are eligible for an increase - the allowable "city of LA" increase for 2019-2020 is 4%.
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