3960 W 8th St, Los Angeles, CA 90005

3960 W. 8th St is a well-maintained 10-unit value-add investment opportunity located in Koreatown, a highly desirable submarket of Los Angeles. The property features spacious units with a strong unit-mix of 2 (2+2), 6 (1+1) and 2 (Studios). 3 of the 10 units have been extensively renovated with high-end finishes and one unit will be delivered vacant for buyer. Through a complete interior renovation program, an investor will have the opportunity to capitalize on the tremendous rental upside. The Property has a brand new water heater, is separately metered for electricity and features on-site laundry facilities. There are 7 individual parking garages, 3 surface spaces, and extra parking spaces in front of 4 of the garages, offering additional income. Exterior upgrades include new drought resistant landscaping and new exterior paint. The Property is conveniently located in an amenity rich location, near entertainment, shopping, hotels, and restaurants along with local transportation.