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Apartments For Sale • 21,000 SF
| Attractive basis at approximately $117,000 per unit and $204 per square foot |
| Strong in-place cash flow with a 7.08% going-in cap rate, 7.77 current GRM & approx. 30% upside in rental income |
| Massive basement space with exterior access and an existing bathroom, presenting a compelling ADU conversion opportunity (buyer to verify) |
| Separately metered for gas and electricity |
| Convenient access to Hollywood, Koreatown, Silver Lake, and Los Feliz |
| This Property is being offered concurrently with 672 N Kenmore Ave, 815 Green Ave, and 1408 S Wilton Pl (99 units in total) |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 7 min | - | 4.0 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)) | 9 min | - | 4.2 mi |
| Transit/Subway | Drive | Walk | Distance |
| Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 6 min | 0.4 mi |
| Vermont/Santa Monica Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 19 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 20 min | - | 11.5 mi |
| Los Angeles International | 27 min | - | 15.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 5 |
| Type: | Surface |
| Included in Rent: | Yes |
Darin Beebower
Kidder Mathews
Darin Beebower
Kidder Mathews
