Apartments For Sale • 6,226 SF
| RECENT QUARTER MILLION DOLLAR PRICE REDUCTION / Strong yield with a current in-place CAP Rate of 5.72% & a ProForma CAP Rate of 5.94% |
| Comparable sales within 0.5 radius are trading at an average of mid 5 CAP rate range, with 86% of those sales delivered vacant. |
| Rental Demand & Growth – Located in a high-demand rental corridor with +6% to +24% rent growth potential based on comparable properties & unit size. |
| 6082 W 18th (Front) Townhome-Style Unit – 3 Bed / 2 Bath, 1,246 sq. ft. (1st & 2nd levels) & Flat – 2 Bed / 1 Bath, 960 sq. ft. (3rd level) |
| 6084 W 18th (Middle) Flat – 1 Bed / 1 Bath, 564 sq. ft. (ground level) & Townhome-Style Unit – 4 Bed / 2.5 Bath, 1,366 sq. ft. (2nd & 3rd levels) |
| 6086 W 18th (Rear) Townhome-Style Unit – 3 Bed / 2 Bath, 1,089 sq. ft. (1st & 2nd levels) & Flat – 2 Bed / 2 Bath, 1,001 sq. ft. (3rd level) |
| Cap Rate: | 5.72 % |
| Total Expenses: | $63,501 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 16 min | - | 9.8 mi | |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 17 min | - | 8.5 mi |
| Bob Hope | 27 min | - | 14.3 mi |
| Long Beach (Daugherty Field) | 35 min | - | 25.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 5 |
| Type: | Surface |
| Included in Rent: | Yes |