Description
As a straight sale, 1031 Exchange, or possible Seller Carryback Opportunity, this duplex in a Transit Priority Area makes for an investment opportunity in the Southeast Los Angeles Community Plan Overlay District and Enterprise Zone 2374. The property is near the 110 Freeway above the 105 Freeway, a short driving distance from Inglewood, Hawthorne, and Downtown Los Angeles. The upstairs unit has 3 bedrooms and 2 bathrooms; the downstairs unit has 2 bedrooms and 2 bathrooms. Both units are currently tenant-occupied. The upstairs tenant is behind on scheduled rent, so there may be an opportunity to deliver that unit vacant. The downstairs tenant is on schedule but may be open to move-out incentives. Each unit has washer and dryer hookups. There is an attached rear two-car garage with additional gated paved parking behind the building for a total of 4 parking spots. The immediate area has a mix of residential, commercial, and industrial uses making it well-positioned for an upward trajectory. Interior photos have been scheduled with tenant cooperation.
Location
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Listing Agent: Paras Kalra
Listing Office: KW Advisors
