7-Unit Apartment on a Large 9,066-SF Lot | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles | 8.17% Current Cap Rate & 8.59 Current GRM | 10.95% Pro-Forma Cap Rate & 6.89 Pro-Forma GRM… Read More | Unit Mix of (One) 3-Bedroom/1-Bathroom House and (Six) 1-Bedroom/1-Bathroom Units | Rare LAR3 TOC Tier 3 Zoning - Build Up to 20 Units* | TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit | Located 3 Miles from SoFi Stadium, Youtube Theatre, The Forum & Intuit Dome (NBA Clippers Arena) | Tremendous Value-Add Opportunity | Approximately 25% in Rental Upside | Offered at $157,143 Per Unit & $238 Per SF | Total of 7 Parking Spaces Read Less
Property listed by Shield CRE, Inc., Jonathan Nikfarjam 310-593-9869
Listing Snapshot
Days Online
8
Last Updated
Beds
9
Square Ft.
4,620
Lot Size
0.21 Acres
Year Built
1915
MLS Number
26637107
Additional Details
Building
Built in 1915, Living area: 4620.0, 2 buildings, 2 stories, Levels: One, Two
Income
Gross Income: $128,028, Net Operating Income: $89,885
Lot
0.2081 acres
Parking
7 total parking spaces, Assigned
Taxes
Parcel Number: 6032009016, Zoning: LAR3
Utilities
7 separate electric meters, 7 separate gas meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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