Apartments For Sale • 6,050 SF
| 16 Units in South Los Angeles | Unit Mix: (6) Studio Units, (10) 1-Bed/1-Bath |
| All Tenants Section 8, Providing Reliable And Consistent Rent Payments |
| Strong In-Place Income – 6.17% CAP | 10.58 GRM | Great Potential for Upside – 6.84% Market CAP | 9.66 Market GRM |
| Low Cost Per Unit: $250K/Unit |
| Property Was Legally Converted From 9 to 16 Units. Owner Has Put $1.5M into the Property |
| Great South La Location in the Van Ness neighborhood, West of South Central and North East of Inglewood |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 14 min | - | 9.0 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)) | 17 min | - | 9.2 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 16 min | - | 7.3 mi |
| Long Beach (Daugherty Field) | 29 min | - | 20.0 mi |
| Bob Hope | 36 min | - | 24.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 13 |
| Type: | Surface |
| Included in Rent: | Yes |