4601 Pickford StLos Angeles, CA 90019

This exceptional 4-unit apartment building, constructed in 2021, presents a compelling investment opportunity in Los Angeles, CA. Located at 4601 Pickford St, 90019, this property boasts a substantial 6,660 square feet of net rentable space spread across two, two-story buildings. The property features 12 bedrooms and 12 bathrooms, with each unit offering three dedicated parking spaces for a total of twelve spaces on a corner lot. This translates to ample parking, a significant advantage in the Los Angeles market. The building benefits from convenient access to the 10 Freeway, providing easy commutes to both Santa Monica and Downtown Los Angeles. A nearby convenience store adds to the location's appeal. Importantly, this is not a rent-controlled building. All units are single-floored, a desirable feature for tenants. The property's strong financial performance is highlighted by a Net Operating Income (NOI) of $207,524. Tenants are responsible for all utilities, including water, sewer, electricity, gas, trash, renter's insurance, and internet. One unit can be delivered vacant at close of escrow. The property is zoned LARD1.5 and has an APN of 5071-023-021. The asking price is $3,541,000. This is a turnkey investment ideal for 1031 exchange buyers seeking a stable, high-return property in a desirable location. Please do not disturb the tenants.