Los Angeles, CA 90037 533 W 49th St

The subject property is positioned in a solid South Los Angeles location, south of W Vermont Avenue, west of S Figueroa Street. Built in 1926, 533 West 49th Street includes a favorable unit mix of eight (8) one-bedroom / one-bathroom units, and one (1) two-bedroom / one-bathroom unit. This property is a rare, bungalow-style asset that features a large center courtyard with easily maintained landscaping. The units are spread across three (3) separate buildings giving tenants a quiet and private location. The property also includes ample street parking for tenants. Situated in a solid South LA location, this offering presents an excellent opportunity for any investor to capitalize on an attractive assumable loan in a rapidly developing pocket of Los Angeles.