630 N. Orange Drive, Hancock Park
This turnkey 4-UNIT property offers investors a unique and rare opportunity to acquire an investment property in one of LA’s best rental markets with promising rental upside. It is located in highly desirable HANCOCK PARK, a densely populated rental submarket of Los Angeles known for excellent rent growth and low vacancy rates. The property has been well maintained with many upgrades including new windows, new piping, new HVAC, kitchen and bathroom, and electrical. Each unit has its own in-unit washer/dryer hookups, refrigerator, stove and assigned private parking. Its transit-oriented and highly walkable location (WalkScore of 86) offers residents access to myriad entertainment venues, cultural destinations, and dining options nearby. Given its location and strong income potential, 630 North Orange Drive is an ideal investment for investors seeking long term wealth preservation and appreciation.