4085 W 7th Street, Los Angeles, CA 90005

Property Description

UNIT MIX: 2Bed, 1.75Bath x 20. 1Bed, 1Bath x 8. Actual Monthly Income: $53,200/mo. $638,400/yr. FIRST TIME ON THE MARKET in over two decades, this self-run/easy managed 28-unit RC/HPOZ apartment is situated in the quiet small pocket of Wilshire Park in greater Mid-Wilshire area, just a block south from Windsor Square-Hancock Park with an average home price of over $6 million +. This apartment comes with an ample subterranean gated parking for 20 cars in addition to plenty more street parking with District #566 Permit Exempt dedicated for sufficient parking allocation in the neighborhood. It has a community laundry, hardwood floored units with amazing sizeable layouts reminiscent of good-ole heydays when spaces weren't any concerns and built on a massive 27,000 SF RD2 corner-lot with huge open COURTYARD. A quick 10 min-walk to Wilshire/Western Metro station, an easy 10 min-drive to DTLA and Beverly Hills to east and west. All units have been remodeled within the last ten years per owner. All units are current on their rents with majority long-termed lessees. Showing/Inspection upon "accepted offer" DRIVE-BY ONLY! For all inquiries, email L/A. Phone calls will not be answered.