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Apartments For Sale • 7,932 SF
| 7-unit apartment in Pico Robertson built in 1959. Well-located on a tree lined street minutes from Beverly Hills, Century City, and Culver City. |
| (4) legacy tenants leased 63% below mark, plus (1) 2BR/2BA unit will be delivered vacant (Unit #4). |
| Soft-story seismic retrofit completed in April 2019. Additional income includes coin operated laundry room. |
| All upstairs units have balconies, passed SB-721. Silicon coating applied to roof in ‘23 (30 year warranty). |
| Parking can accommodate 7 vehicles with (5) single stalls in the rear and a tandem driveway in front. |
| 6/7 units have full copper plumbing, unit #7 is only missing vertical copper pipes. Mix consists of (4) 2BD/2BA, (2) 1BD/1BA, and (1) Studio. |
| Cap Rate: | 5.47 % |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 19 min | - | 9.1 mi |
| Bob Hope | 29 min | - | 14.0 mi |
| Long Beach (Daugherty Field) | 37 min | - | 25.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
Jake Glaser
Lyon Stahl Investment Real Estate
Jake Glaser
Lyon Stahl Investment Real Estate
