1423 Magnolia Ave
  Mid-Wilshire 90006

 
  Property Features
Property Type:   Income
List Price:   1,250,000
Bedrooms:   10
Bathrooms:   10.5
 
 
 

Just South of Pico, 6% CAP (ACTUAL) 7.8% (Pro-Forma) with this 24 unit, 3 story brick building. Wonderful investment opportunity in Korea Town adjacent /Mid City area. Emerging area, great cash flow. Separately metered for gas and electric. There are 12 singles and 12 One Bedroom/One Bath units. Onsite manager is currently not charged rent. DRIVE BY ONLY. Showings with accepted offer only. *DO NOT DISTURB TENANTS*

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