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Apartments For Sale • 8,850 SF
| Fully renovated property and tenants at market rents mean a long-term stable investment for any new owner |
| Demonstrated demand for the privacy of a smaller building, dedicated parking and dual-entrance units |
| Turnkey property offers strong cash flow with a healthy $2.65 rent per SF and $186,016 NOI in flourishing West Adams |
| Multiple value-add opportunities: add 4-6 ADU units for up to +/- 3,000 SF or build up to 7 floor of mixed use for approx. 31,800 SF |
| Qualified for Opportunity Zone tax deferral for any savvy investor with upcoming capital gains |
| By-right development potential of up to 7 total floors and approx. 31,800 SF mixed use building using TOD Tier 4 and Crenshaw Corridor Specific Plan |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 12 min | - | 7.1 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)) | 14 min | - | 7.3 mi |
| Transit/Subway | Drive | Walk | Distance |
| Expo/Crenshaw (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 17 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 19 min | - | 9.4 mi |
| Bob Hope | 30 min | - | 14.4 mi |
| Long Beach (Daugherty Field) | 34 min | - | 25.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 8 |
| Type: | Surface |
| Included in Rent: | Yes |
