1824 S Highland AVE Los Angeles, CA 90019

An excellent investment opportunity to own a profitable fourplex in the rapidly growing Mid-City neighborhood of Los Angeles. ONE UNIT WILL BE DELIVERED VACANT. Perfect for an owner/user or to update the unit and increase rent. Centrally located to LA's largest employment hubs, allowing for ideal travel times in any direction and making it a highly desirable location for a large pool of renters. Each unit is separately metered for gas, electricity, and water. The two upstairs units were fully remodeled in 2021. The garages have the potential to be converted into ADUs, adding even more upside value to this investment opportunity. Please do not disturb tenants or walk on the property. Interior showings are available with an accepted offer. *MONTHLY RENT: $11,374 (Current), $12,400 (Pro forma)*CAP RATE: 5.86% (Current), 6.52% (Pro forma) *GRM:13.19 (Current), 12.10 (Pro forma)*