6114 W Saturn Street

Description

3 OUT OF 4 UNITS VACANT. The opportunity is a 3 unit plus once legal ADU apartment complex located at 6114 Saturn Street, Los Angeles, CA 90035. The apartment complex is located south of Pico Blvd and East of South Crescent Heights. Three out of four units are completely vacant creating instant upside potential for renting out the units. An investor can choose to rent the units out at market rent or take advantage of receiving very high rents by renting it out to Section 8 tenants through the Housing Authority of the City of Los Angeles (HACLA).The two story apartment consists of one fully remodeled 3 bedroom / 2 bathroom unit , two fully remodeled 2 bedroom/ 2 bathroom units, and one 2 bedroom/ 1 bathroom unit. With the exception of the one 2 Bedroom / 1 Bathroom Unit, the other three units have been fully remodeled and have washer dryer hook ups for convenient in unit laundry. Those updated units also come with Central A/C and or A/C splits. The investment opportunity is also ideal for an owner user. Centrally located, it offers unparalleled convenience in one of LA's most desirable areas. Walking distance to a number of various amenities including, cultural attractions, shopping centers, employment opportunities, and spiritual centers. Pico-Robertson, located on the west side of Los Angeles, is a diverse and vibrant neighborhood known for its, thriving real estate market, rich cultural heritage, and close-knit community appeal. This thriving residential community offers a unparalleled and unique blend of urban convenience, various amenities, coupled with and a strong sense of a great community. Pico-Robertson has a diverse population that includes Korean, Jewish, Persian, and Latino communities, among others. This vibrant mix of cultures is reflected in the local businesses, cultural events, restaurants, and enables it to create a dynamic and inclusive atmosphere that celebrates its robust diversity. The neighborhood is home to an assortment of boutiques, shops and restaurants along Pico Boulevard, offering a diverse range of cuisines and shopping experiences.