Apartments For Sale • 17,119 SF
| Offered at $120,000 per unit following a $200,000 price reduction, positioning the property below recent comparable sales in the immediate area. |
| Currently operating at a 6.81% CAP and 8.56 GRM on in-place rents, providing strong day-one income. |
| Consistent studio unit mix allows for a straightforward and repeatable renovation program. |
| Two vacant units provide immediate opportunity to renovate and establish updated rent levels. |
| Select units feature tile flooring, updated cabinetry, gas stoves, wall-mounted A/C units, and ceiling fans. |
| Located near USC, Exposition Park, BMO Stadium, The Shrine Auditorium, and the LA Memorial Coliseum. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 9 min | - | 4.6 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)) | 12 min | - | 6.1 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 21 min | - | 14.1 mi |
| Long Beach (Daugherty Field) | 27 min | - | 19.2 mi |
| Bob Hope | 30 min | - | 21.1 mi |