Back on the market because the buyer could not perform. This large 7-unit apartment building is situated in the Pico-Union submarket of Los Angeles, near highly desirable Koreatown. The property is north off the 10-Freeway and is one block from Hoover Street.This location is ideal for tenants since they are close to almost every major freeway in Southern California, including the 10-Freeway, 110-Freeway, 101-Freeway, and 5-Freeway. In addition to being easily accessible, tenants are between two rapidly gentrifying submarkets that are expanding into Pico-Union, which are Koreatown and Downtown LA. Tenants pay for their electricity, trash and gas services, while the owner pays for their water and sewage. This is a relatively easy property to manage and there are minimal operating expenses. This investment offers a buyer roughly a 6.57% CAP rate on actual financials. Significant upside in rents