-Excellent Stabilized Investment Opportunity with +/- 18% Upside!
-Growing Demand for Housing in the Area!
-Large 12,002 SF Double Lot Zoned LAR4
Corner Lot with over 200 SF in Frontage!
-Ample On-Site Parking – 17 Spaces!
-Future Redevelopment Potential!
-Central Accessibility to Freeways and Major Thoroughfares!
-Conveniently Positioned Between Dominant Economic Hubs: Downtown LA and Koreatown!
Listing Status: | Available |
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Listing Type: | Highest & best offer |
Property Types: | Apartment Buildings |
Price: | $2,300,000 |
No. of Units: | 9 |
Cap Rate: | 4.77% |
GRM /GIM: | 12.34 |
Building Size: | 6,842 Sq ft |
Lot Size: | 12,002.00 Sq ft |
Opportunity Zone: | No |
Price per unit: | $255,556 |
Chicago & Midwest | July 25, 2024
Seattle & Northwest | July 25, 2024
California | July 25, 2024
CBRE | Nevada
Lee & Associates Commercial Real Estate Services
SVN | OAK Realty Advisors
Marcus & Millichap
California
North Carolina
California