Excellent Investment Opportunity in a RARE 5 Unit Multifamily development in Historic Filipino Town. This property is surrounded by Westlake Village to the North, Rampart Village to the West, MacArthur Park to the South and the Walt Disney Concert Hall to the East. It's 6 minutes from the downtown financial district. There is one 2 bedroom, 1 bath unit (approx.. 740 sq.ft.) and four 1 bedroom 1 bath units (approx.. 440 sq.ft. each). All units are individually metered and water is paid by the landlord. There are 4-5 parking spaces in the rear of the property accessed through an alleyway. New attic and crawl space insulation installed throughout. New ABS main drain pipe from back of property to street. Two remodeled units occupied by neat and considerate long-term tenants. Three 1 bedroom units will be delivered without tenants. Great Value Add Opportunity.