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815 Green Ave
Los Angeles, CA 90017 City West

$2,350,000 USD

Apartments For Sale  •  11,302 SF

Property Details

  • Property Type Apartments
  • Total Building Size 11,302 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1940
  • Zoning LAR3
100 Transit Score
80 Walk Score

Highlights

Charming 24-unit apartment community located minutes from Downtown Los Angeles, Koreatown, Echo Park, and Silver Lake
Attractive basis at $97,917 per unit and $208 per square foot
Strong in-place cash flow with a 7.63% going-in cap rate and low 6.87 current GRM
Large, detached garage offers potential for future ADU conversion, subject to buyer verification
Walking distance to LA Live, Crypto.com Arena, and LA Convention Center
This Property is being offered concurrently with 672 N Kenmore Ave, 4160 Rosewood Ave, and 1408 S Wilton Pl (99 units in total)

Public Transportation

Commuter RailDriveWalkDistance
7 min - 2.8 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 - 3.1 mi
Transit/SubwayDriveWalkDistance
Westlake/MacArthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 12 min 0.6 mi
7th Street/Metro Center Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro), Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 18 min 0.9 mi
AirportDriveWalkDistance
Bob Hope 24 min - 14.0 mi
Los Angeles International 25 min - 14.3 mi
Long Beach (Daugherty Field) 31 min - 22.5 mi
Darin Beebower 424-653-1854 Kidder Mathews
Darin Beebower 424-653-1854 Kidder Mathews