We are pleased to present an excellent two-story building in the West Adams area of Los Angeles. Subject property is located close to the new VOX apartments on the corner of La Cienega and Jefferson Blvd. The project is a mixed use project that will consist of 1,200 new apartments as well as retail stores among them being Whole Foods Market. The Geer Apartments consist of three 2bedroom/ 1bathroom units and one 2bedroom/ 2bathroom townhouse style unit. Owner's unit can be delivered vacant for an owner-user opportunity. New roof installed 3 years ago, copper plumbing, freshly painted exterior. Two of the units have remodeled kitchens and bathrooms. The property was built in 1963 and has approximately 3668 sq/ft living area per assessor. Each unit is separately metered and has its own individual water heater. The Subject property is located in an Opportunity Zone and May be Eligible for Preferential Tax Treatment. The West Adams Neighborhood is a rapidly growing urban area with the LA Metro Rail nearby providing quick transportation from Santa Monica to Downtown LA. West Adams is close to Culver City, Santa Monica, Beverly hills and Downtown LA. See Offering Memorandum in supplements.
Phone: (818) 915-9118