$750,000

Opportunity to acquire a five-unit residential income property in Los Angeles with four occupied apartments and a vacant detached front house offering immediate value-add potential. The property consists of three 2-bedroom, 1-bathroom apartments, one 1-bedroom, 1-bathroom apartment, and a detached 2-bedroom, 1-bathroom front house. The four occupied units currently generate $5,114 per month in scheduled rent, providing an existing income base while a new owner completes the renovation of the front house. Currently vacant with the interior gutted, the front house offers the opportunity to create a newly updated rental and establish a new tenancy upon completion. Beyond the immediate front-house opportunity, the existing apartments offer additional long-term rental upside, with current rents below estimated market levels. At a $750,000 asking price, the property is offered at $150,000 per unit, creating an attractive basis for an investor seeking a combination of existing income and value-add potential. Seller has already completed the prior eviction and remediation of the front house, allowing a buyer to focus on renovation and lease-up rather than the possession process. Conveniently located with access to major employment centers, transportation corridors and destinatio