1801-1805 W 5th St

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Address: 1801 W 5th St, Los Angeles, CA 90057, USA
Created date: May 16, 2024
Date last updated: May 16, 2024

-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!

Key Property Information

Listing Status: Available
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
Address: 1801 W 5th St, Los Angeles, CA 90057, USA

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