• 13-Unit apt. property constr. in 1985 (not under LA City RSO)
w/ 3-story layout.
• Unique unit mix of 10 large studios, 2-1/1B units, and a
spacious 3b2b ground-level unit w/ a front yard area; all
units have patios or balconies.
• A large ±11,560 SF lot zoned RD1.5-1HCR featuring 6 surface
parking spaces, 2 1-car garages, and 1 2-car garage; no
soft-story retrofit required.
• Communal coin-operated laundry facility and first-floor
lounge area w/ ADU conversion potential. (buyer to verify)
• Walking distance (15 mins.) or a short drive (5 mins.) from
lively retail corridors on York Blvd. and N. Figueroa St.
• Copper plumbing installed throughout.
• Separately metered for gas and electricity; no units
extensively renovated to top-of-market condition.
Listing Status: | Sold |
---|---|
Listing Type: | Highest & best offer |
Property Types: | Apartment Buildings |
Price: | $3,310,000 |
No. of Units: | 13 |
Cap Rate: | 5.07% |
GRM /GIM: | 12.94 |
Year Built: | 1985 |
Building Size: | 11,860 Sq ft |
Lot Size: | 11,538.00 Sq ft |
Opportunity Zone: | No |
Price per unit: | $254,615 |
Full name | Phone number | Email address |
---|---|---|
Justin McCardle | (909) 486-2069 | [email protected] |
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