Rosano Partners is pleased to present the opportunity to acquire a five-unit apartment located in the South Park neighborhood of South Los Angeles. Built in 1905, the subject property offers a unit mix of all one-bedroom one-bathroom units. Gas and electricity are separately metered while water is master metered. There is parking for 2 cars in the back, access through alley. This 3,265 square foot property sits on a 4,674 square foot lot.

Location Description:

The subject property is situated on 626 E 51st St, near South Park. The property is near the intersection of S Avalon Blvd and E 51st St, close to the 110 freeway and about a mile from the Metro Blue Line (801) Providing easy access to Downtown and Long Beach. Nearby parks include South Park, Gilbert Lindsay Recreation Center and Slauson Playground. Being less than a mile from many schools, restaurants, and entertainment options, the subject property allows tenants to bene t from the local offerings and transportation

Highlights:

>> Strong Rental Demand Market

>> 6.15% CAP on Current Income

>> Separately Metered Gas & Electric

>> Convenient Access to Freeways & Downtown Los Angeles

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