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Apartments For Sale • 23,548 SF
| Value Add Opportunity: 24-units located in the emerging Baldwin Village neighborhood of Los Angeles. Current rents are approximately 73% under market |
| Attractive Deal Metrics: Priced below replacement cost at $154,167 per unit and $157.13 per foot |
| Favorable Unit Mix: Building consists of (12) one-bedroom/one-bathroom units and (12) two-bedroom/one-bathroom units |
| Property Features: The apartments boast spacious layouts with plenty of natural lighting. The property is fully-parked, with (24) covered garage spac |
| 36-Unit Portfolio Opportunity: Can be purchased with 4119 Santo Tomas Drive, 12-units located just two blocks away (36-unit portfolio) |
| Land/Zoning: The 23,548 sf building sits on a large 35,413 sf lot that is LAR3 zoned (Tier 2 TOC) and located in an Opportunity Zone |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 16 min | - | 8.9 mi | |
| Transit/Subway | Drive | Walk | Distance |
| Farmdale (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 4 min | 20 min | 1.1 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 17 min | - | 7.8 mi |
| Bob Hope | 31 min | - | 16.8 mi |
| Long Beach (Daugherty Field) | 33 min | - | 23.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 12 |
| Type: | TwoCarGarage |
| Included in Rent: | Yes |
