6.16% in place cap rate and 11.15 GRM - NON RENT CONTROLLED ASSET! This fully renovated and high cash-flowing 23 unit asset is located on a massive 34,122 sq ft lot. Property comes with 21 parking spaces and every unit features new floors, cabinets, bathrooms,… Read More kitchens and all units are equipped with washer and dryer in unit. Perfect for family rentals. As a fully turned asset this property has very low maintenance. All new windows, roofs, plumbing. This is a perfect turn key asset for any buyer and will produce incredible cash flow. 134th St has an ideal unit mix consisting of (1)3Bed/1Bath, (3) 2Bed/1Bath, & (18) 1Bed/1Bath and (1) Studio/1Bath units. The subject property is just minutes away from major employers and new developments such as SpaceX, Amazon Ring, Boeing, Hollywood Park and SoFi Stadium. OM in the supplements. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi 310-259-7556
Listing Snapshot
Days Online
59
Last Updated
Property Type
Apartment
Lot Size
0.78 Acres
Year Built
1951
MLS Number
SB24219747
30 Days Snapshot Of 90247
$782k
+14%
(avg) sold price
3
-62%
homes sold
54
-26%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1951, Building area total: 13,760, 7 buildings, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Urban
Expenses
Operating expense: $151,094
Income
Gross income: $533,460, Net operating income: $366,362
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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