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Sold Date10/06/2022
Closed

11660 TEXAS AvenueLos Angeles, California CA90025-3925

Listing ID22163722

11,562 SqFt 0.161 Acres

$5,125,000

We are pleased to present an ideal investment opportunity - well-located apartment building in a very strong rental submarket with significant rental upside, not on the LADBS Soft Story Retrofit list.11660 Texas Avenue is a charming 9-unit apartment building one block south of Wilshire and one block east of Barrington Avenue. High-demand large 2BD+2BA units with balcony for tenants who work from home. The building's amenities include gated subterranean parking, controlled access entry, laundry room, large facilities room, private patios & elevator. Most of the building systems have been upgraded: Plumbing is copper, the elevator's system has been rebuilt and a completely new roof was installed in 2010. The building is ideally situated in close proximity to transportation as well as to Brentwood and West LA shopping, entertainment, schools &markets.
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