5847 Denver is a well-maintained 4-unit apartment complex located in Los Angeles. The property features four spacious two-bedroom, one-bath units, each with in-unit washers and dryers for tenant convenience. Situated on a 5,198 square foot lot, the building is low maintenance and generates steady cash flow, with tenants paying all utilities except for water. There are plans available to add two additional units, offering significant value-add potential for investors. The property offers excellent potential for upgrades and value-add opportunities, with plans available to add two additional units. The well-maintained units provide stable income, making this an ideal investment for buyers seeking long-term growth in a desirable neighborhood This is a great opportunity for first-time buyers, or experienced investors looking for a property that provides stable income and long-term growth potential. Properties in this desirable neighborhood rarely come to market, making this an excellent chance to acquire a high-performing asset. Don’t miss out!
Listing provided courtesy of Varinder Kumar of Coldwell Banker West. Last updated 2024-12-26 09:11:26.000000. Listing information © 2024 CRMLS.