Apartments For Sale • 3,723 SF
| 7-Unit Apartment Located in the Hyde Park Neighborhood of Los Angeles | Large 9,477-SF Lot |
| Rare LAR3 TOC Tier 3 Zoning – Build Up to 21 Units* | Tremendous Value-Add Opportunity | Approximately 90% in Rental Upside |
| 10.22% Pro-Forma Cap Rate & 6.78 Pro-Forma GRM | Offered at $150,000 Per Unit & $282 Per SF |
| Unit Mix of (One) 2-Bedroom/1-Bathroom House & (Six) 1-Bedroom/1-Bathroom Units |
| Located Just a Few Blocks from Hyde Park Station for the Crenshaw/LAX Metro Transit Line (K Line) |
| Located 2 Miles from Baldwin Hills Crenshaw Plaza, SoFi Stadium & The Forum and Approximately 2.5 Mile from Intuit Dome (NBA Clippers Arena) |
| Cap Rate: | 3.44 % |
| Total Expenses: | $42,851 USD |
| Transit/Subway | Drive | Walk | Distance |
|---|---|---|---|
| Hyde Park Station (Metro K-Line - Metro - Los Angeles) | 1 min | 9 min | 0.5 mi |
| Fairview Heights Station (Metro K-Line - Metro - Los Angeles) | 3 min | 15 min | 0.8 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 13 min | - | 6.2 mi |
| Bob Hope | 32 min | - | 18.4 mi |
| Long Beach (Daugherty Field) | 30 min | - | 20.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 7 |
| Type: | Surface |
| Included in Rent: | Yes |