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$2,250,000
Est. payment /mo
0.27 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25135729
HOA Y/N No
Year Built 1930
Lot Size 0.274 Acres
Property Sub-Type Apartment
Property Description
Big upside potential! 14 units, all 2 bedroom + 1 bath. Current GRM 9.67; CAP Rate 6%. Cost Per Unit is $160,714. Cost per Sq. Ft. is $192. Approx. 11,728 bldg. sq, ft, and lot size approx. 11,939 sq. ft.. 8 garages with units above. Tenants pay gas & electric.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community Yes
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Special Listing Condition Standard
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Listed by Charles Lundie AOA Commercial Brkrge 818-321-2258
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Rich King
Broker Associate | License ID: 01520399
Broker Associate License ID: 01520399