7040 FLIGHT AVE Los Angeles, CA 90045

A 10,000 square foot investment opportunity, superior to most investment properties in The Westside and South Bay. Built in 1992, the building is 30 years newer than the typical apartment property in Greater LA. The layout, unit mix and amenities are superior to competing rental product; therefore, the building commands a top-of-the-market rent, always. Not subject to the city of LA "pre-1978 construction" rent control, either! 9 HUGE townhome-style units eight 2 Bed/2.5 Baths and one up-and-down 1 Bed/1 Bath. Controlled-access lobby. On-grade, secured parking structure off the alley with 19 spots. Almost a 4% cap with modest rent increases that are due, frankly. The Seller doesn't raise rents, so, lots of meat on the bone. LAX, SoFi Stadium, The Forum, Howard Hughes Center (Univision and Sony Pictures), DirecTV, Raytheon, Northrop Grumman, LA Times HQ -all just minutes away.