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150 W 76th St
Los Angeles, CA 90003 Canndu/Avalon Gardens

$850,000 USD

Apartments For Sale  •  2,257 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,257 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1925
  • Zoning LAR2
70 Transit Score
60 Walk Score

Highlights

The property is currently achieving a healthy income stream of more than $8,600 in scheduled rent per month.
Operating at a 9.19% scheduled cap rate and an 8.22 GRM, both stronger than the recent comparable sales in the surrounding submarket.
The 110 Freeway is half a mile west, putting Downtown LA seven miles north and the 105 three miles south for direct LAX and South Bay access.
Four open parking spaces on site.
A Walk Score of 73, with the 45 Metro local line and the Vermont/Main DASH both within a quarter mile and the 110 Freeway less than half a mile west.

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Sunset Limited - Amtrak, Texas Eagle - Amtrak) 12 min - 8.4 mi
L. A. Union Station Metrolink Station (Metrolink 91-Perris Valley Line - Metrolink Trains, Metrolink Orange County Line - Metrolink Trains, Metrolink Riverside Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains, Metrolink Ventura County Line - Metrolink Trains) 13 min - 8.7 mi
AirportDriveWalkDistance
Los Angeles International 18 min - 9.4 mi
Long Beach (Daugherty Field) 24 min - 17.3 mi
Bob Hope 32 min - 23.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Sean Rosenzweig 213-943-1897 Marcus & Millichap
Sean Rosenzweig 213-943-1897 Marcus & Millichap