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Apartments For Sale • 6,536 SF
| Plans to add 6 New Units could boost current Cap Rate to 10.29% and proforma to 12.63%, costing about $188k per door. |
| All units are individually metered, tenants pay trash, and 8 vacant garages offer additional income and new units/ADU potential. |
| Prelim plans to add 6 new units in the garages will reduce/eliminate soft-story scope of work and cost. |
| Located in trendy Filipino Town, minutes from Echo Park, Silverlake, DTLA, and popular spots like Brooklyn Bagel, Boba Guys, HiFi Kitchen, and Laveta |
| Cap Rate: | 6.00 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 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)) | 7 min | - | 2.7 mi |
| Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 5 min | - | 2.7 mi |
| Transit/Subway | Drive | Walk | Distance |
| Westlake/Macarthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 12 min | 0.6 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 21 min | - | 13.0 mi |
| Los Angeles International | 25 min | - | 14.7 mi |
| Long Beach (Daugherty Field) | 32 min | - | 23.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 8 |
| Type: | OneCarGarage |
| Included in Rent: | Yes |
Armin Soleimani
Global Platinum Properties
Armin Soleimani
Global Platinum Properties
