I am pleased to offer for sale a six-unit apartment community located at 1110 South Sierra Bonita Avenue. Situated on a 4,420 square foot parcel, the subject property comprises entirely of one-bedroom units. The deal has a strong value-add component with 143% remaining rental upside through unit renovations and the addition of two ADU's. It is surrounded by retail and located within minutes of the Grove providing access to daily errands, retail and nightlife. The prime location of the asset along with the value-add potential for a new owner to renovate units and achieve superior future returns moving forward makes 1110 South Sierra Bonita an excellent acquisition opportunity.
Listing Agent: Sean Rosenzweig Courtesy of: Marcus & Millichap Office phone: 213-943-1800 Based on information from CRISNet MLS all data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Updated: 30th September, 2022 11:56 AM (UTC)