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Thursday, September 11, 2008

A four unit apartment complex in Mid City. This property is located near the intersection of West Boulevard and Washington, near downtown LA and LAX


4557 St. Elmo Drive Los Angeles



A four unit apartment complex in Mid City. This property is located near the intersection of West Boulevard and Washington, just west of LaFayette Square and Wellington Square. The unit mix is 4 large One Bedroom ? One Bath units averaging almost 900 square feet each. The units are currently producing a steady $3,900.00 per month. The lot is about 7,013 square feet. There is a four car garage at the rear of the lot. The property is centrally located just north of Washington between Crenshaw and La Brea Avenue providing easy access to Hollywood, Downtown as well as the Westside.
High Demand Rental Market
Upside In Rents
May Qualify for FHA Financing
Good Income
Large Apartments Almost 900 sf
Excellent Location



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Sq Ft: 3520
Yr Built: 1924
Bdrms: 4
Baths: 4
Parking: 4+ Car Garage
Asking: $650,000

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