6069 Horner St Los Angeles, CA 90035

Agent Remarks: We are pleased to present a unique owner user or investment opportunity at 6069 Horner St in the highly coveted Pico Robertson submarket, a premier Los Angeles neighborhood that attracts high-end renters with a consistently low vacancy rate and steady rent growth. The property totals 5,945 SF with three spacious units, one three-bedroom two- bathroom unit (approximately 1,650 SF) and two three- bedroom three-bathroom units (approximately 1,900 & 1,950 SF) that have been meticulously maintained since the property was constructed. All units have secure, Ring security entrances and feature luxury interiors with 10-foot ceilings throughout, custom wood cabinetry, stainless steel appliances, recessed, LED retrofitted lighting, hardwood flooring, spacious living rooms, ample storage space and in-unit washer and dryer; the three-bedroom two-bathroom unit has a long balcony with access from the living room and master bedroom, and the two three-bedroom three- bathroom units have a shared, approximate 600 SF patio at the rear of the property. Each unit has a two-car garage located at the front of the property; one unit utilizes half of the garage as storage space and another unit uses half of the garage as a home office. Limited landlord responsibilities as tenants are responsible for all utilities including waste removal. The property benefits from a significant affordability gap between renting and home ownership inthe neighborhood; within two miles of the subject property, the median home value is over $1MM; the average household income within two miles of the property is $117,622.

Continue Reading