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Apartments For Sale • 3,122 SF
| Bungalow-style complex located 1 mile from a community of emerging cafes, restaurants, and boutiques along West Adams Blvd. |
| Offered at $216,500 per unit, 6.24% CAP and 10.24 GRM base on current rents. |
| Offers potential for approx. 38% rental upside and a projected 9.81% CAP and 7.45 GRM, based on rents for renovated units in the area. |
| Built in 1925, this bungalow-style property features (6) 1-bdrm. units (averaging 520 SF) on a 6,217 SF lot zoned LAR2. |
| Property amenities include 1 uncovered parking space and a 1-car garage, which is currently leased for additional income. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 13 min | - | 7.4 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 | - | 7.6 mi |
| Transit/Subway | Drive | Walk | Distance |
| Farmdale (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 3 min | 14 min | 0.7 mi |
| Expo/La Brea (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 3 min | 20 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 18 min | - | 8.7 mi |
| Bob Hope | 27 min | - | 15.3 mi |
| Long Beach (Daugherty Field) | 34 min | - | 25.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 1 |
| Type: | Surface |
| Included in Rent: | Yes |
Kenny Stevens
Compass
Kenny Stevens
Compass
