7122 Amigo Avenue, Reseda, CA 91335

Price: $5,450.000

7122 Amigo Avenue is a non-Rent Controlled fourteen (14) unit investment opportunity in Reseda. This 14-unit apartment building was built in 2013 and is not subject to the city of Los Angeles rent control. The building is located a half block south of Sherman Way, which offers many amenities for the tenants such as restaurants, medical services, and shopping. This three-story apartment building offers a great unit mix of (7) 1+1+Den and (7) 2+2 units all of which are large and average about 1,000 SF each. The building features onsite laundry on each floor and gated parking for all residents with about 25 parking spaces. The building has five (5) units that will be delivered vacant. These units have been updated and the roof was recently replaced. This investment is ideal for a 1031 investment.