IN NEED OF GREAT MANAGEMENT. A six-unit non-rent control apartment building situated on a serene tree-lined street near the East LA and Montebello border. 6136 Easton is located approximately half a mile away from the proposed Whittier Blvd/Garfield Ave Gold Line Light Rail Station (part of the Metro Gold Line Washington Alternative) and within two miles of 15 elementary, middle and senior high schools. With the right management in place, this could be a trophy asset for your portfolio.

Location Description:

6136 Easton is at the epicenter of the East Los Angels and Montebello resurgence situated within 1/4, 1/2, and one mile from the Olympic and Whittier Boulevard retail corridors, the Citadel Outlets, respectively. This is one of the fastest growing communities in Los Angeles County; with surging retail, public transportation, and new housing and medical-related developments. A not-so-hidden gem where an investor can still find value and tremendous upside.

Highlights:

>> 7.2% CAP

>> Rental upside with good management

>> Units individually metered for both Gas and Electric

>> Located in one of the most competitive up-and-coming rental markets in LA

>> First time on the market in nearly 20 years

>> Zoned R-3

>> Added appreciation potential due to location within 0.5 mile of proposed Metro Rail Station

>> Within 1.4 mile of existing Metrolink Rail Station

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Sales Info:

>> Commision split: 2.5%