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Apartments For Sale • 4,456 SF
| 8 unit multifamily investment opportunity in South Los Angeles. |
| The property sits on a 6,957 square foot lot with 4,456 square feet of gross building area and was originally constructed in 1957. |
| 1 Bedroom + 1 Bathroom units, offering a uniform, easy to manage unit mix with consistent tenant appeal. |
| 2-story, wood frame with gas & electricity separately metered by unit, allowing utility expenses to be passed through to tenants & simplify ownership. |
| 7 open parking spaces located at the rear of the building. |
| At a purchase price of $1,000,000 ($125,000 per unit), the offering reflects a 7.69% current cap rate and a 7.30 GRM. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 13 min | - | 5.6 mi | |
| Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 14 min | - | 6.2 mi |
| Transit/Subway | Drive | Walk | Distance |
| Slauson Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 14 min | 0.7 mi |
| Florence Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 3 min | 20 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 23 min | - | 14.4 mi |
| Long Beach (Daugherty Field) | 28 min | - | 17.0 mi |
| Bob Hope | 34 min | - | 22.6 mi |
Neema Ahadian
Marcus & Millichap
Neema Ahadian
Marcus & Millichap