Sold: 128 S Ave 63, 90042 6-Unit Highland Park Income Property!

This 6-unit investment opportunity is located at 128-130 South Avenue 63. The offering is located in the rapidly developing neighborhood of Highland Park, just south of York Boulevard and east of North Figueroa Street. Originally constructed in 1905, the offering consists of two separate buildings and three parcels of land. Featuring over a third of an acre of land, there is strong potential for redevelopment. Currently, the unit mix is three, one bedroom/one bathroom units, and three, two bedroom/one bathroom units. The residents enjoy ample on-site parking, an additional element of privacy due to the nature of the property’s landscaping, and a wonderful Southside view of the city. The offering provides investors a great opportunity to own or develop property in a prime rental pocket of an up-and-coming sub-market of Los Angeles with rents that are sure to appreciate.