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Apartments For Sale • 11,974 SF
| Value Add Opportunity: 12-units located in the emerging Baldwin Village neighborhood of Los Angeles. Current rents are approximately 65% under market |
| Attractive Deal Metrics: Priced below replacement cost at $158,333 per unit and $158.68 per foot |
| Favorable Unit Mix: Building consists of (6) one-bedroom/one-bathroom units and (6) two-bedroom/one-bathroom units |
| Property Features: The apartments boast spacious layouts with plenty of natural lighting. The property is fully-parked, with (12) covered garage spac |
| 36-Unit Portfolio Opportunity: Can be purchased with 4073 West Boulevard, 24-units located just two blocks away (36-unit portfolio) |
| Land/Zoning: The 11,974 sf building sits on a large 19,260 sf lot that is LAR3 zoned (Tier 2 TOC) and located in an Opportunity Zone |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 15 min | - | 8.8 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 | - | 8.9 mi |
| Transit/Subway | Drive | Walk | Distance |
| Martin Luther King Jr Station (Metro K-Line - Metro - Los Angeles) | 3 min | 16 min | 0.8 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 15 min | - | 7.6 mi |
| Bob Hope | 30 min | - | 16.7 mi |
| Long Beach (Daugherty Field) | 32 min | - | 23.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 12 |
| Type: | TwoCarGarage |
| Included in Rent: | Yes |
