2141 N Gower Street, Los Angeles, Los Angeles, CA, ResidentialIncome, 6, 7

Property Description

LOW LOW Rents- 58% Rental Upside. 2+1 UNIT DELIVERED VACANT. 2141 N Gower St, an impressive 5-unit apartment building nestled in the desirable Hollywood Hills neighborhood. This property offers a blend of comfort, convenience, and potential for lucrative investment. With a front duplex, and a back triplex, this property provides a variety of living options to suit various needs.The front duplex welcomes you with its charming character and features. The downstairs unit boasts a generous layout with 2 bedrooms and 2 bathrooms, offering ample space for residents to relax and unwind. The living room of this unit opens up to the beautiful backyard garden, a rare amenity shared between all of the tenants. Upstairs, you’ll find a 2-bedroom, 1-bathroom unit that provides a private retreat with a touch of Hollywood charm. This unit will be delivered VACANT allowing an investor to achieve market rent, or owner-occupy and collect income from the other units.The back portion of the property consists of a well-maintained triplex. Two of the units are thoughtfully designed as 1-bedroom, 1-bathroom units as well as an additional studio unit.The total building size spans an impressive 4,304 square feet, offering abundant room for residents to enjoy their own private spaces. Situated on a generous lot of 7,027 square feet, this property provides ample outdoor space for relaxation and entertainment.Parking is made convenient with two driveway parking spots, ensuring that residents and their guests have easy access to their vehicles.Investors will be thrilled to discover that this property offers significant rental upside, with a projected 58% increase in rental income. The potential for increased revenue makes this an attractive opportunity for those looking to expand their real estate portfolio.Both units in the duplex feature the added convenience of in-unit washer and dryers, providing residents with the luxury of laundry facilities within their own living spaces. Additionally, the back triplex offers a community washer and dryer, making laundry tasks a breeze for all residents.2141 N Gower St is ideally situated in the sought-after Hollywood Hills neighborhood, known for its proximity to popular entertainment destinations, trendy dining options, and vibrant nightlife. Residents will enjoy the convenience of being just moments away from the iconic Hollywood Boulevard, where they can immerse themselves in the glitz and glamour of the entertainment capital. Upgrades include all new copper plumbing and recently renovated studio. No Seismic Retrofit is Required. Please do not disturb any of the tenants. All showings will be subject to an accepted offer.