About this property

2001 4th Ave is being put on the market for the first time in 30 years! This well maintained opportunity is perfect for an investor to own in the up and coming Mid-City market. The subject property has a great unit mix with two huge 1 bedroom/1 bath each over 1,000 sq ft, two huge 2 bedroom/1 bath each over 1,500 sq ft, and one 1 bedroom/1 bath units. In the last 2 years, the owners have upgraded the plumbing, electrical, and the roof. Currently generating over $130,000, a new owner can just plug and play; then look into adding converting two of the garages to an ADU.

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Features
YEAR BUILT
1920
PRICE/SQFT
$371.37
CURRENT CAP
4.43%
CURRENT GRM
14.23
MARKET CAP
6.77%
MARKET GRM
10.54
BEDROOMS
BATHROOMS
Lot SqFt
7,001
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