Multifamily For Sale • 2,230 SF
| Ideal Value-Add Opportunity with Potential to Develop Four (4) ADU’s (SB 1211 – Buyer to Verify) |
| Large Interior Yard Area Between the Two Structures Offers Potential for ADU Development |
| Unit Mix: One Detached 2-Bedroom/1-Bathroom House (1,272 sq ft) with Three Studios in the Rear Structure | Two One-Car Garages |
| Current CAP: 4.95% (8.40% Proforma) | GRM: 12.22 (8.52 Proforma) |
| Cost/Sq Ft of Land: $106 | Redevelopment Potential |
| Easy Access to the 105 & 110 Freeways | Near SpaceX and the Multi-Billion Dollar SoFi Stadium / Hollywood Park Development in Inglewood |
| Cap Rate: | 4.95 % |
| Total Expenses: | $20,793 USD |
| Transit/Subway | Drive | Walk | Distance |
|---|---|---|---|
| Vermont Station (Green Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 10 min | 0.5 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 14 min | - | 7.7 mi |
| Long Beach (Daugherty Field) | 23 min | - | 14.8 mi |
| Bob Hope | 38 min | - | 26.9 mi |