Description
Compass is pleased to present the opportunity to acquire 3206 W 43rd Place, a 4-unit multi-family property located in the desirable Leimert Park submarket of Los Angeles. The opportunity presents both an owner-user or investor an ideal, well-maintained fourplex with a value-add component and strong in-place cap rate. The property will be delivered with one (1) unit vacant at the close of escrow, offering rental upside for an investor immediately upon acquisition, and an owner-user the ease and ability to occupy a 1 bed, 1 bath unit. Leimert Park is a supply-constrained market with a low supply of similar available multi-family product and low vacancy rental market. With a number of favorable amenities within walking distance to the property and spurred development in the local area, the investment is well-positioned with both present and future upside capabilities.
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