4822 Mascot Street is a partially remodeled 5-unit apartment building situated in the heart of the burgeoning Mid City neighborhood of Los Angeles. The property consists of two 3+2's, two 3+2.5's and one 2+1. Four of the five units have been tastefully renovated, including stainless steel appliances and reimagined kitchens and bathrooms (one unit has central A/C). Additionally, the property has newer landscaping, exterior paint, tank-less water heaters, and newer roofing. The plumbing and electrical have been upgraded as well. There are ten parking spaces and an on-site laundry room with two sets of machines for added income. Superbly located in the heart of the Mid City and near the West Adams commercial corridor, 4822 Mascot Street provides residents with many of the great things LA has to offer right outside their front door. The property features a stellar 85 walk score and is central to major employment, freeways, and points of interest alike. Additionally, the property lies a mere 10-minute drive from trendy Culver City, Downtown Los Angeles, and the University of Southern California. Tenants who prefer public transit can easily access the La Brea and Exposition metro station that stretches from Downtown Santa Monica to Downtown Los Angeles with upcoming service to both Inglewood and LAX. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside both in rent and neighborhood appreciation.
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