1909 Johnston Street, Los Angeles, CA 90031

Here’s the value-add deal of the bunch. This 8-unit property offers a nice mix of studio and 1-bedroom units, with current income at a 4% CAP and market potential of 10% CAP. Priced at just $336 per square foot, it’s hard to find better bang for your buck in LA right now. Perfect for an investor ready to rollup their sleeves, improve units as they turn, and boost the NOI significantly over time. Can also be purchased with 5155 Henderson Street.