6.99% Cap Rate!1267 E 56th St is a fantastic investment opportunity for anyinvestor or owner/user in a vibrant area of South LosAngeles. This 4-plex with 2 new ADU units are operatingclose to a 7% Cap Rate with current tenants in place.Located in Historic South Central, this building boasts anexcellent unit mix of (3) 1-Bed/1-Bath, and (1) 3-Bed/2-Bath, ideal for an owner/user.Highlighted by a massive 3-Bed/2-Bath front unit, thisasset is ideal for an owner/user to live in a newlyremodeled unit and cash flow from the remainingthree. The offering presents any investor or owner/userthe opportunity to acquire an incredible 4-Plex in one ofLA’s quickly growing sub-pockets.Notably, two of the 1-Bed/1-Bath units are newlyconstructed ADUs, exempt from any rent control laws,adding a valuable element to this investmentopportunity. The entire building has been renovated andrented out at strong rents and will operate at a 7% caprate for an investor.1267 E 56th St is located minutes from USC, Downtown LA,Gilbert Lindsay Park, Exposition Park, Lucas Museum, ArtsDistrict, as well as billions of dollars worth of developmentin Downtown LA.