7 unit apartment building located in the heart of the Sawtelle neighborhood of West Los Angeles with easy access to freeways, UCLA and Santa Monica College. Fully rented with quality tenants. Building was originally built as a duplex in the 1940s, then upgraded to a 5 units in the 1960s and converted to a 7 unit building in 2023. Great unit mix with 9 tandem parking spaces, laundry room on site. Low maintenance and upgraded in 2014 to conform with the City of Los Angeles soft story earthquake retrofit standards. There is an existing five year $900K mortgage at approximately 3% APR assumable subject to lender fees and qualifications and is fixed through September 2026. Please do not walk onto the property or disturb occupants. Showings on accepted offer only. Please call management office for information, BUT please download and read Offering Memorandum attached in the supplemental information area of listing before asking for it again. Buyer to cooperate with Seller's 1031 exchange.
