DELIVERED WITH ONE UNIT VACANT AT CLOSE OF ESCROW. This 4-unit value-add asset is located within walking distance to USC and just minutes from the 10 Freeway, offering investors a strong rental location with long-term upside.
The property is currently operating at a 5.67% cap rate and 12.12 GRM, with approximately… Read More 52% upside in rents. With one unit delivered vacant, a new owner has the opportunity to immediately renovate, lease at market, and begin capturing upside from day one.
With a motivated seller, strong location fundamentals, and clear rental upside, this building is ready for a new owner to step in and take advantage of the long-term value-add opportunity. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi 310-259-7556
Listing Snapshot
Days Online
1
Last Updated
Property Type
Apartment
Lot Size
0.1 Acres
Year Built
1913
MLS Number
SB26212022
Additional Details
Building
Built in 1913, 1 building, 2 stories, Entry level: 1, Entry location: 4
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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