8410 S Western Ave
Property Description
5410 S Western Ave is a 5 + Office mixed-use property in the Angeles Mesa neighborhood of South LA neighborhood operating at a 5.44% current CAP and offers investors approx. 33% upside in rents . Located just North of Slauson, the subject property is comprised of (1) 1-bdrm. unit, (1) Studio, (1) small commercial spaces that generate approx. $5,750+ in gross monthly income. Based on market rents on renovated units in the area, we believe a future investor could achieve $7,650+ in gross monthly income and operate the building at a 8.73% market CAP and 8.34 market GRM. The property amenities include on-site parking and community Trash paid by tenants. Building is separately metered for gas and electricity.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $750,000 |
| No. of Units: | 5 |
| Year Built: | 1950 |
| Lot Size: | 2,218.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $150,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 5 |
ID: 3yd-CLAWCA-26106736
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Park Street Apartments
Indio, California
1550-1564 Cortland Avenue
San Francisco, California
725 E Ridgecrest Blvd
Ridgecrest, CaliforniaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout