Apartments For Sale • 36,176 SF
| Well maintained 60 unit apartment complex with significant upside in rental income, subject to City of Los Angeles RSO |
| GRM is in the Mid 9's and a 6.25% CAP rate on year 1 income at asking price! |
| Two story stucco complex built in 1976, with pool, laundry rooms and parking onsite for 90 vehicles which provides potential additional income. |
| Great location one half block north from a New Starbucks on PCH and Frampton. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Long Beach (Daugherty Field) | 18 min | - | 10.3 mi |
| Los Angeles International | 26 min | - | 16.0 mi |
| John Wayne/Orange County | 41 min | - | 30.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 90 |
| Type: | Surface |
| Included in Rent: | Yes |