5675 Packard ST Los Angeles, CA 90019

Check out this impeccably maintained, plug-and-play investment opportunity featuring six spacious units situated on a corner lot in Prime Mid-Wilshire delivered with plans for two Accessory Dwelling Units! The property boasts excellent street frontage on both Packard and Spaulding Avenue and a unit mix which features 3 one-bedroom units and 3 two-bedroom units - with the two-bedroom (which are one plus bonus room) units FULLY-renovated with brand new kitchens, bathrooms, in-unit washer/dryers, stainless steel appliances and original wood flooring throughout. Build 2 ACCESSORY DWELLING UNITS (Two-bedroom and studio) - and achieve an additional $50,000+/year in supplemental rent!! Once ADUs complete, property will operate at north of a 5% cap rate.