Diamond in the rough! Ideally located in the Westlake South District, one of the coolest neighborhoods and one of the last pockets on the Eastside that is poised for gentrification, on the border of DTLA and the Financial District, minutes from Dodger’s Stadium, Chinatown, Hollywood, Historic Downtown, and just blocks from the Convention Center, LA Live, and the Staples Center. This large 4 unit building has 4 VERY large 1 bedroom units that could easily be converted into 2 bedroom/2 bath units. While the units need to be remodeled and some existing construction completed, the potential here is in the large size of the units AND the extensive lot, which a savvy investor could develop into additional units. Without any extensive development, by just rehabbing the existing units, this building should be able to generate in excess of $120,000 in gross revenue.