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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
14 min - 8.4 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)) 15 min - 8.8 mi
AirportDriveWalkDistance
Los Angeles International 19 min - 12.1 mi
Long Beach (Daugherty Field) 26 min - 17.1 mi
Bob Hope 34 min - 23.6 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