1124 S La Verne AVE East Los Angeles, CA 90022

BACK ON THE MARKET! ***Recently Renovated*** ***5.8% Cap Rate*** Fell out of escrow due to repairs (WHICH HAVE BEEN MADE!) This property is perfect for investors with vision or as an income property (live in one unit and rent out the other!) This property has 2 detached units, each with its own parking. Centrally located to DTLA, schools, shopping centers and freeways! Investors can take advantage of the property being zoned as R4 and its development potential. Front unit has been upgraded including: new flooring throughout, upgraded kitchen, fresh paint throughout interior of the unit, and freshly painted trimming in the exterior. Back unit in great condition. A fence divides both units adding more privacy. Rents are below market rate and can be increased to strengthen the investment. Tenants are long-term, reliable tenants on a month-to-month lease. Buyers to verify all information regarding the property. Do not miss out on this up-and-coming neighborhood!