Executive Summary:

The Growth Investment Group is proud to offer for sale, 3619 Carlota Blvd in Los Angeles, a property that is perfect for the first time apartment investor or an owner/user. The property is a 4-plex, laid out like two spate duplexes built in 1959 totaling 2,473 SF. The structures sit on a manageable 4,420 SF lot with ample parking and some green space for the tenants to enjoy.

This property presents excellent upside rental potential for the savvy investor who is able to renovate the units and obtain about a 50% rental upside for the building. Each of the units is currently getting much lower than the market rate. The property is located in Highland Park, which is one of the most promising up and coming neighborhoods in Los Angeles! Property values have skyrocketed in this market, and are expected to continue increasing in the coming years.