Gorgeous architecturally prominent 4 story building in the area referred to as "Rampart Village" that is quickly becoming the new Echo Park and Silverlake and minuted from Downtown LA. This property has undergone major renovations including new roof, new copper plumbing, new waste lines, updated electrical system, restored lobby and all common areas, updated windows, and thoughtfully renovated units. The units are large bachelors with full bathrooms and small kitchenettes. These units are bright with high ceilings and city views. Incredible lobby that welcomes the tenants . The units rent like hotcakes. This is the perfect "CASH FLOW" deal as all the heavy lifting is done. On site and off site management makes this an easy asset to handle. ****There is a fantastic assumable loan in place at 2.75 % for 4 more years - $7,350,000*** Interest only.