RARE & DIFFICULT TO FIND 11 UNIT APARTMENT - RESIDENTIAL INCOME PROPERTY IN A POPULAR LA URBAN NEIGHBORHOOD. FIRST TIME ON THE MARKET IN OVER 37 YEARS WITH A HUGE UPSIDE POTENTIAL! Sellers upgraded the flooring with waterproof vinyl floors in the hallways and painted the hallways both done in 2020. Fence was also upgraded in 2020. In 2019 Sellers updated the posts per the city requirements. All units have been upgraded except for two units and per the Seller any plumbing or roofing issues were taken cared of right away and there are NO known plumbing issues. Roof replaced about 10 yrs ago. There are 7 electrical & 7 gas meters. This Westside Village in the Palms community is regarded as truly part of LAâs Angelino culture dating as far back as 1886. The Travelers' Handbook to Southern California, stated that "The Palms" was "named for the number of large palms lining multiple streets all the way to Santa Monicaâs coast.â Desirable for its close proximity to the 405, LAX airport, Santa Monica Beach, parks, and the MetroLink, UCLA even holds investment properties here for the student body in their graduate programs. The University is a convenient 5 miles away. Residents will find a robust bicycling culture; neighboring cities like Venice have connected their walkable and bikable Neigborhoods with trails so families and professional bikers can enjoy the scenic route to the Pacific Coast. The construction of the Metro E Line is accompanied by a Class A bicycle trail running adjacent to the tracks along Exposition Boulevard, which allows for easy bike access to the Palms station as well as being popular for recreational use by joggers. Notable activities in the Palms community include The Jurassic Technology Museum, The Palms Park & Recreational Center. Take the family to the Recreational Center for a basketball game, host a BBQ, or let the kids play in the children's play room. The Palms Rec Center is a great place for families to get to know each other or hang out in open space. Residents love the close proximity to diverse eateries and shops too. Actual property is a short 15-20 minutes from the beach! Additional popular locations include: Le LycÃ©e FranÃ§ais de Los Angeles International School (walking distance), Palms Middle and Elementary School, Southern California Hospital at Culver City, close to two Trader Joeâs, The Wende Museum and more! Please do your due diligence and confirm the unit & bedroom count and any permit info with your agent. Thank you!