$2,600,000

4116 Los Feliz Blvd. is a well maintained, well located, 5,759 square foot six (6) unit apartment building composed of four (4) 1 bedroom 1 bath units and (2) two 2 bedroom-one bath units. The current ownership has had this property in the family for over 40 years and has maintained it exceptionally. Each unit is separately metered for gas and electricity and has its own hot water heater. The property is spacious with 1+1 units averaging over 750 square feet each and the 2+1 units averaging over 1,000 square feet each. Most units have a formal dining room and in unit laundry areas. The subject property features copper plumbing and recently updated 400 amp electrical panel. The rear of the property has garage parking for each unit. One (1) two bedroom unit and two (2) one bedroom units will be delivered VACANT. Rents are projected for the vacant units. Two of the units have been fully and tastefully renovated with updated kitchens, bathrooms and central air. The property is situated on an 8,576 SF lot and zoned LAR3. The subject property is in a PRIME location on Los Feliz Blvd. This location offers easy access to the 101 and 5 freeways as well as the Greek Theater and Griffith Park. Los Feliz is a highly desirable submarket of Los Angeles. Very few income properties in this immediate area come to market making this a rare opportunity. Tenants and owners alike are attracted to Los Feliz because of local bars, restaurants and shopping in the immediate vicinity all while having easy access to major employment hubs such as Downtown LA, Koreatown and Hollywood. The subject property presents a rare opportunity to own in Prime Los Feliz. Please Do Not disturb tenants.