Exclusive Listings

Property Highlights

• Currently has 1 vacancy for potential owner-occupied unit
• NELA Value Add Opportunity/ Possible Seller Financing 
• Attractive Price Per Unit
• Great Unit Mix- All 2 Beds
• Future Goldmine- with +/-58% Rental Upside
• Adequate Parking with 4 Tandem Spaces
• Boutique building, with potential for private yard space and minimal yard maintenance
• Cypress Park location:  Hidden gem in an up and coming area with close proximity to DTLA and the bustling neighborhood of Highland Park
• Close to Metro Gold line station

Executive Summary

Growth Investment Group is pleased to present an exceptional VALUE-ADD investment opportunity with an estimated upside of +/-58%. This cozy property consists of two duplexes situated on a uniquely shaped lot with minimal maintenance. Each unit features a 2bed/1bath, four tandem parking spaces, and garden space. This property is located in a highly desirable North East Los Angeles historic corridor of Cypress Park with easy access to the 110 freeway, Heritage Square Gold Line Metro station, shopping, local eateries, schools, Mt. Washington, and recreation. A savvy investor with a value add strategy will be able to take advantage of the steadily rising rental rates in the area with future renovations. This 4-unit property has the ability to lock in 30 year fixed debt, and up to a 75% LTV.