Description
We are pleased to present 716 E Vernon Ave. a twelve (12) unit multifamily investment opportunity located in Los Angeles. This property consists of 11,434 SF of living area and is situated on a 17,920 SF lot zoned LARD2. The two (2) story property consists of Twelve (12) Two Bedrooms / One Bathroom and one unit will be delivered vacant at COE. The property contains twenty-two (22) parking spaces for the tenants and units are in high rental demand, with significant upsides in the rents. The new owner/investor will benefit from this fantastic added value opportunity located in a Tier 3 Transit Oriented Community (TOC) and Opportunity Zone (BUYER TO VERIFY). The central location of the property in the heart of Southeast Los Angeles allows tenants to live in close proximity to the 110 Freeway, Gilbert Lindsay Recreation Center, George Washington Carver Middle School, and retail shopping restaurants. Nearby parks include Gilbert Lindsay Recreation Center, South Park, and Ross Snyder Recreation Center.
Location
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Listing Agent: Dionya Jackson
Listing Office: KW Advisors
Attribution contact:
