INVESTMENT SUMMARY
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**Unbeatable ROI Potential**: This prime Multi-Family property at 5555 W 8th St. offers an unparalleled opportunity for investors seeking a high return on investment.
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**Cash Flow**: Prepare to reign supreme in cash flow with this investment gem. With current rents 35.43% below market rates, Mid-Wilshire presents a prime opportunity for investors to capitalize on significant rental growth potential, enhancing long-term returns in this highly desirable neighborhood.
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**Value-Add Paradise**: Unlock the full potential of this property and watch your investment soar. 6 out of the 24 units are ready for a savvy Investor to renovate and maximize rental income.
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**Location, Location, Location**: Situated in a thriving area with strong economic growth and a bustling rental market, this property at 5555 W 8th St. promises not just a solid ROI but also long-term appreciation potential.
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**Investment Security**: Rest easy knowing that this Multi-Family property offers not just high returns but also investment security.
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**With a high percentage of month-to-month tenants, this property offers a lucrative chance for savvy investors to maximize their ROI. Don't miss out on the possibilities awaiting at 5555 W 8th St.!
LOCATION SUMMARY
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The property is located in the Mid-Wilshire neighborhood of LosAngeles, known for its diverse culture and vibrant community.
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Mid-Wilshire offers an unparalleled dining experience, featuring
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some of Los Angeles’ top restaurants, including the acclaimed
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République, known for its French-inspired cuisine and artisanal
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pastries. Residents can also enjoy the city’s best handmade pasta at Pasta Sisters or indulge in authentic Oaxacan flavors at Gish Bac, all just minutes from home. With world-class dining at their doorstep and a prime central location, renting in Mid-Wilshire provides both convenience and an exceptional lifestyle.
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Nearby attractions include the Los Angeles County Museum of Art (LACMA), a popular cultural institution showcasing art from around the world. Here are a couple more world-renowned museums within walking distance from The Wilshire 5555 - Petersen Automotive Museum, Academy Museum of Motion Pictures, and the La Brea Tar Pits & Museum.
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Mid-Wilshire offers residents a perfect blend of urban convenience and green spaces, with Hancock Park providing a scenic retreat next to the iconic La Brea Tar Pits. Just minutes away, Pan Pacific Park features open fields, walking trails, and sports facilities, making it a favorite for outdoor enthusiasts. With peaceful neighborhood spots like Harold A. Henry Park and Robert L. Burns Park, Mid-Wilshire combines city living with accessible outdoor escapes for relaxation and recreation.
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The Wilshire 5555 is exceptionally well-connected, offering easy access to Wilshire Boulevard, the Metro D Line (Purple Line) for a quick commute to Downtown LA and Koreatown, and multiple bus routes serving the area. The neighborhood is also near key freeways like the 10 (Santa Monica Freeway), ensuring seamless travel across the city. With pedestrian-friendly streets, bike lanes, and access to major transit hubs, Mid-Wilshire makes getting around Los Angeles effortless for residents and visitors alike.
