2221 Addison Way, Los Angeles, CA 90041

• Listed Price : $1,995,000
• Beds : 8
  
• Baths : 8
  
• Property Size : 5,144 sqft
  
• Year Built : 1925
  

---

Property Description

8 Unit income property in highly desirable Eagle Rock - a rare find in a market with extremely limited inventory. All units are 1 Bedroom 1 Bath. Four blocks from Colorado Blvd. Close to Occidental College. Six garages currently being used as storage for tenants. 6 uncovered parking spaces. All units separately metered for gas and electricity and all units have separate water heaters. Foundation bolting completed in 2013. Indicative of the strong rental demand in the local area, this property is fully leased. Upon unit turnover, this property presents an enticing 32% potential upside in rental income, making it a compelling opportunity for growth-minded investors. CONTACT LISTING AGENT FOR FULL OFFERING MEMORANDUM.

---

Interior Features

Listing Information

Listing information courtesy of: Gabriel Rudner, Andrew Perris, Aegis Management, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 14th, 2024 at 1:24 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.