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Apartments For Sale • 3,990 SF
| Four Single-Story Units on a Large 9,299-SF Lot | Residential Asset - Perfect Owner-User Opportunity |
| 5.90% Current Cap Rate & 11.34 Current GRM | 8.68% Pro-Forma Cap Rate & 8.55 Pro-Forma GRM |
| Rare LAR3 TOC Tier 3 Zoning – Build Up to 20 Units* | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles |
| Unit Mix of (Two) 4-Bedroom/2-Bathroom Units and (Two) 1-Bedroom/1-Bathroom Units | Tremendous Value-Add Opportunity |
| Located 3 Miles from SoFi Stadium, Youtube Theatre, The Forum & Intuit Dome (NBA Clippers Arena) | Qualifies for Residential Financing |
| TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit |
| Cap Rate: | 5.90 % |
| Total Expenses: | $25,650 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 13 min | - | 9.1 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)) | 16 min | - | 9.3 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 16 min | - | 8.4 mi |
| Long Beach (Daugherty Field) | 23 min | - | 16.6 mi |
| Bob Hope | 33 min | - | 24.2 mi |
Ken Conant
Shield Commercial Real Estate
Ken Conant
Shield Commercial Real Estate
