Description
We are pleased to present a seven (7) unit apartment building located at 3278-3284 Casitas Avenue in Los Angeles, California. The subject property is situated in a prime Atwater Village Location, west of N San Fernando Road and south of Glendale Boulevard. Built in 1923, this property contains a streamlined unit mix of seven (7) one-bedroom / one-bathroom units. One (1) unit will be delivered vacant. This rare, Spanish bungalow style asset has wonderful landscaping with a center courtyard and spacious front and rear patios. This is the first apartment deal in Atwater Village to hit the market in nearly twelve months. There are seven (7) garage parking spaces available that can potentially be converted into multiple ADU unit(s). The units are also spread across four (4) detached buildings offering tenants a strong sense of privacy. Tenants will love being within a few miles of many trendy restaurants, nightlife, and entertainment options such as Atwater Village Theatre, Cerritos Park, Ganbatte Fitness, Viet on Fletcher, and Proof Bakery. Positioned in a prime Atwater Village location, this offering presents an exceptional opportunity for an investor to capitalize on a one-of-a-kind Spanish style asset with two separate parcels and exceptional ADU potential on nearly 13,000 square feet of land.