1615 Cherry Avenue - **Rezoning Potential:** Take advantage of the ongoing neighborhood transformation! With the current rezoning efforts aimed at increasing apartment density, the savvy new owner stands to benefit significantly from the evolving real estate landscape. - **Rental Upside:** The existing rents are positioned below the current market rates, presenting a golden opportunity for the new owner to enhance the property's income potential. The potential rent increase of up to 30% ensures a lucrative return on investment. - **Spacious Layouts:** Each unit boasts large, thoughtfully designed layouts, providing residents with a comfortable and inviting living environment. The spacious interiors make these units highly desirable in the rental market. - **Investor's Dream:** Whether you're a seasoned investor or a newcomer to real estate, this property offers a solid foundation for growth. With the combination of location, rezoning potential, and the opportunity to increase rents, this is an investor's dream come true. Don't miss out on the chance to own a piece of the future in this dynamic neighborhood. Seize the opportunity to maximize returns while contributing to the growth and development of this thriving community. Contact us today to schedule a viewing and explore the untapped potential of this remarkable property! For more information call Steve Richardson at 213 344 7856 or Email srichardsonrealty@gmail.com