Apartments For Sale • 4,620 SF
| 7-Unit Apartment on a Large 9,066-SF Lot | 8.17% Current Cap Rate & 8.59 Current GRM |
| 10.95% Pro-Forma Cap Rate & 6.89 Pro-Forma GRM | Unit Mix of (One) 3-Bedroom/1-Bathroom House and (Six) 1-Bedroom/1-Bathroom Units |
| Rare LAR3 TOC Tier 3 Zoning – Build Up to 20 Units* | High Density Bonus Allowance w/ No Subterranean Parking Required & Only 0.5 Parking Spaces/Unit |
| Located 3 Miles from SoFi Stadium, Youtube Theatre, The Forum & Intuit Dome | Tremendous Value-Add Opportunity | Approximately 25% in Rental Upside |
| Offered at $157,143 Per Unit & $238 Per SF | Total of 7 Parking Spaces |
| Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles |
| Cap Rate: | 8.17 % |
| Total Expenses: | $34,303 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 14 min | - | 9.2 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)) | 17 min | - | 9.8 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 16 min | - | 8.1 mi |
| Long Beach (Daugherty Field) | 24 min | - | 16.5 mi |
| Bob Hope | 34 min | - | 24.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 7 |
| Type: | Surface |
| Included in Rent: | Yes |