2806 7Th Avenue, Los Angeles, CA 90018

Gorgeous Spanish Revival 5-PLEX with quality capital improvements located in rapidly emerging Jefferson Park. Current income of $7,380/month - $88,560/year with solid upside in rents and very low maintenance. The site consists of 2 buildings, 5 gated parking spaces, and 5 storage garages. The front building is a huge FOURPLEX composed of 2 bed/1 bath (sep. tub & shower) units that average 1,450 SF. Each unit has the feel of a home and is loaded with charm & character featuring arched doorways, coved ceilings, wall niches, wood floors, Palladian windows, & many oversized windows throughout. The back building is a private and separate SINGLE FAMILY HOME. Each residence has laundry in unit. Capital improvements (2011) include: New roof, new Milgard dual pane windows, new PEX/copper plumbing & sewer line replacement, new concrete driveway and parking lot, foundation work, new kitchen cabinetry & granite counters (3 of 5 units), exterior paint, & more. Easy access to many of the best parts LA has to offer, The Grove, DTLA & West Side, & minutes to the Metro Expo Line.