Asking Price: $2,400,000

Back on Market and priced reduced : Property located near Los Feliz area. Gated community of 10 individual bungalows built in 1920. Very large lot with tall shady trees down the middle walkway. Each unit has the following: front and back yard, utility room off kitchen, separate dining room, living room, bathroom with 2 entry points, bedroom with 2 walk-in closets. Some units have been upgraded. Most units have very long term tenants. Please do not disturb Tenants. 3 of the 10 units are not rented and ready for new tenants & new owner to manage at market rent. No onsite laundry. No assigned parking. Property under rent control through City of Los Angeles. Recent information from prior escrow shows property to be in Los Angeles Historical District because units are individual bungalows built in 1920's. See attachment for information.