7-Unit Apartment on a Large 9,066-SF Lot Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles 6.76% Current Cap Rate & 9.78 Current GRM 9.74% Pro-Forma Cap Rate & 7.52… Read More Pro-Forma GRM 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 30% in Rental Upside Offered at $171,429 Per Unit & $260 Per SF Total of 7 Parking Spaces Read Less
Listing Snapshot
Days Online
62
Last Updated
Property Type
Other
Beds
9
Square Ft.
4,620
Lot Size
0.21 Acres
Year Built
1915
MLS Number
25538327
30 Days Snapshot Of 90044
$653k
+2%
(avg) sold price
9
-47%
homes sold
71
-34%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1915, Building area total: 4,620, Levels: Two, Living area: 4620, 2 stories, 2 buildings
Income
Gross income: $122,724, Net operating income: $81,777
Lot
0.2081 acres, 9,066 square feet, Size: 9,066
Parking
7 totals parking, Assigned
Property
Zoning: LAR3
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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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