The Sports Fan Apartments
Property Description
Location Location Location! The Thirteen (13) Unit property consists or two parcels totaling 28,875 sq. ft. of land, just 1,200 feet to So-Fi Stadium and the Kia Forum. The property offers an investor the opportunity to add value to the asset through significant upside in rents, while also considering the addition of ADU’s, or redevelop the site for the future. The single story unit mix consists of: (1) 4Bed/1Bath House, (1) 2Bed/1Bath House, (1) 2Bed/1Bath, and (10) 1Bed/1Bath Units and is situated in a park like setting.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Price: | $3,499,000 |
| No. of Units: | 12 |
| Cap Rate: | 5.27% |
| GRM /GIM: | 12.02 |
| Year Built: | 1935 |
| Building Size: | 8,374 Sq ft |
| Lot Size: | 28,875.00 Sq ft |
| No. of Stories: | 1 |
| APN: | 4024-005-018 & 020 |
| Opportunity Zone: | No |
| Price per unit: | $291,583 |
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