735 Laconia Blvd

• 250k in Capital Improvements done to the property
• Close proximity to Athens Park and the Hustler Casino
• Section 8 Guaranteed income
• Ample onsite parking
• Community laundry room

Property Description

Located in the heart of LA's immensely growing neighborhood called Athens, is the 7 unit building at 735 Laconia Blvd. The property is surrounded by both multi and single family homes with ample parking & accessibility. Laconia is composed of 5,184 sqft of livable with a lot size of just under 11,000 sqft. The unix mix is made up of all 2bed/1bath units with six tenants enrolled in section 8. The asset has major capital improvements such as pavers, an electric fence, new roofing, new flooring, new cabinets, new bathrooms, new appliances, new counter tops, artificial grass, water efficient plants, and dual pane windows. Tenants enjoy the close proximity of restaurants, employment hubs, and educational institutions. The building is just a stone's throw away from LAX & So-Fi Stadium and around the corner from the 110/105 freeways. Access to public transportation and everyday errands are made easy on the Vermont Ave & El Segundo Blvd corridors. Within the surrounding area, there are active development projects making a coveted opportunity to add value to the subject. 735 Laconia allows investors to position equity into a legacy asset with a stable income stream and very passive ownership!