1317 N Vista St, Los Angeles, Los Angeles County, CA, 90046 Los Angeles CA US

1317 N. Vista is a 30 unit courtyard-style complex, built in 1988, located just north of Fountain Ave (between Fairfax and La Brea) and adjacent to the city of West Hollywood. Situated across the street from Plummer Park, this value-add property is located in the heart of a premium neighborhood that attracts high-quality tenants who prioritize convenient access to an array of quality entertainment and dining options. Built in 1988, 1317 N. Vista is not subject to LA City rent control. This allows for an annual rent increase of 5% plus Consumer Price Index (CPI), currently 10%. Please note, last rent increase were approx. four years ago, providing immediate upside to the new owner. Based on market rents for renovated units in the area, this substantial value-add property offers approx. 44% upside in rents. The property features an enticing unit mix comprised of (18) 2-bdrm. and 2-bath units, (6) 1-bdrm. units and (6) studio units. Each bright and spacious unit, approx. 800 SF, features a fireplace and a balcony. All units have central air conditioning, except for the studio units, which have wall units. Property amenities include two parking garages with approx. 51 parking spaces, laundry room on every floor, elevator, controlled access and an entry lobby. Find out more about this property. Request details here