Apartments For Sale • 6,503 SF
| Well-balanced unit mix of four 1-bedroom/1-bath units and four 2-bedroom/1-bath units, and appealing to a broad renter base and supporting stable occu |
| Six out of the eight units have been renovated, providing a turnkey investment profile and minimizing near-term capital expenditure requirements. |
| Recent upgrades include newer exterior paint, updated lighting, and new building and unit identification, and security cameras enhancing curb appeal a |
| The property offers on-site ample secure gated parking, a valuable amenity in a dense Los Angeles submarket that supports tenant retention. |
| Each unit is separately metered for gas and electricity, allowing for efficient utility management and improved operating expense control. |
| The asset is located within a strong rental demand market, supported by a dense residential population and long-term housing fundamentals. |
| Cap Rate: | 7.53 % |
| Total Expenses: | $50,376 USD |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 13 min | - | 6.6 mi |
| Long Beach (Daugherty Field) | 24 min | - | 15.7 mi |
| Bob Hope | 35 min | - | 26.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 8 |
| Type: | SurfaceTandem |
| Included in Rent: | Yes |