1405 2nd Ave, Los Angeles, CA 90019

Written By Jake Glaser

9 Units in Mid City with ~75% Upside

Sold: $1,500,000

Property Highlights

  • 9 Units Built in 1965

  • Represented all-cash offer

  • Our 2nd closing on the block in 6 month period

  • Seller fell out of 3 prior escrows

  • Delivered with 1 vacancy

  • Approx. 75% upside on current rents

  • Room for 2 tuck-under ADUs

  • Heavy value-add opportunity

  • Sold w/ 1 Vacancy and Room for 2 tuck-under ADUs

 

Buyer Represented By:

Jake Glaser

(310) 230-5157

jake@lyonstahl.com

Jake Glaser
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