• Playa Del Rey investment opportunity • 14 unit apartment building • 100% occupied • $301,590.40 actual net annual income • 4.02% actual cap rate • Rear covered parking for 14 vehicles • Large spacious units • Prime location 1-mile east of Playa Del Rey Beach and1-mile south of Ballona Wetlands Ecological Reserve • Potential to add three 2 bedroom/1 bath accessory dwellingunits (approx. 750 SF each) — Cost is approx. $420,000 for plans and construction • SOFT STORY RETROFIT COMPLETED (BUYER TO VERIFY)
