Investment Overview

We are pleased to present 10912 & 10914 Columbus Ave, a 5-unit apartment building at the heart of Mission Hills. This property is an excellent fit for both an owner-user or investor. An owner-user can live in the remodeled home while renting out the four new construction units behind it. Alternatively, an investor can purchase the property for passive income. The property features a well-thought-out layout that includes three (3) three-bedroom, two-bathroom unit, two (2) two-bedroom, one-bathroom units, and two (2) one-bedroom, one-bathroom units. The three-bedroom unit boasts a spacious living area that's perfect for families, with plenty of room for everyone to relax and unwind. The other unit types are perfect for either small families, couples, or single renters. This diversity bodes well for an investor looking to keep property vacancy at an absolute minimum. The front house was remodeled from top to bottom by the current owner. Outside of the front house, the developer built three additional units plus an ADU. Tenants are responsible for all utilities, including water and trash, making this a truly passive investment. The property offers ample off-street parking with seven dedicated, uncovered parking spaces located in the rear, providing tenants with convenient and secure access to their vehicles. There is also ample room for “unofficial parking” which should provide tenants with up to 10 parking spaces (buyer to verify). The spaces are accessible from the street via a short driveway on the northwest side of the property.