4939 Malta Street Highland Park CA 90042 | WS22054230

Opportunity knocks!! Four detached houses on one lot. Each unit has 2 parking spaces by their units. Front 2 units are 2-bedroom 1 bath. Both back units are 1 bedroom 1 bath with a den. Carport space is rented separately at $30 each. Carport’s roof was installed in 2015. Other buildings’ roof were installed in 2013. Individual Gas and Electrical Meters. Most tenants have been living there for more than 13 years. Most copper plumbing pipes and most electrical wires were installed in most areas except unit #4939.5 has not been done. Newer windows for unit#4939.5. Lots of upside rent potential. Centrally located. Close to Fwy 101, 110, 5 and 2. Minutes away to Downtown L.A., South Pasadena, Mt. Washington, etc… High demand rental area. Metro Station is nearby. Great potential for investors or developers. Lots of newer homes are built or under construction in nearby area. Owners will not evict any tenants and will deliver the property in its “as-is” conditions with tenants. Property needs updates and fix up. Rush before it is too late! Buyer to co-operate with seller for the 1031 tax deferred Exchange at no cost to buyer. Expenses are estimated only. Buyers to do their due diligence to inspect and investigate the permits, conditions and development requirements of the property.