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Bank owned. Borrower owed $1.1.M. NO RENT CONTROL. Near-new gargantuan 4857 sq. ft. 3 story 3plex built like a fortress in gentrifying West Adams neighborhood W. of Crenshaw. All empty!! All 3 beds, 2 baths, 2 story townhouse style units, all separate meters (this will be an extremely low maintenance building), all separate central air units, elevator, 6 car garage, auto sprinklers, 40 x 126 lot, blockwall fenced. 75 walk score! 1 block to Virginia Road Elementary, 3 blocks to West Angeles Cathedral. Zillow predicts 14.9% appreciation here next year. OWC 1st TD: 325K down, 6% interest for 5 years + 5 year option.
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