Apartments For Sale • 7,174 SF
| 6 luxury apartment units in Mid-City built in 2025. Exempt from local rent increase restrictions (Non-RSO). |
| Front structure is a SFH style 2-story 4BR/2BA unit; Middle structure is comprised of a 3-story duplex with (1) 4BR/4BA unit and (1) 3BR/3BA unit. |
| Back structure is comprised of (2) 4BR/3BA units and (1) 2BR/3BA attached ADU. |
| Each unit is separately metered for gas, electricity, and water (back structures share a water meter and is billed back to the tenants). |
| Each unit has central heating and air conditioning. High cash-flow building with extremely low expenses. |
| High end finishes attracts high rental demand, property is fully leased out to market rate tenants. |
| Cap Rate: | 5.40 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 12 min | - | 7.2 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 | - | 7.3 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 19 min | - | 10.1 mi |
| Bob Hope | 28 min | - | 13.6 mi |
| Long Beach (Daugherty Field) | 34 min | - | 25.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 11 |
| Type: | OneCarGarage |
| Included in Rent: | Yes |