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Multifamily For Sale • 16,994 SF
| Well maintained Garden Style 1960's apartment complex consisting of 30 units plus an additional non-permitted Studio/Single apartment unit. |
| Two contiguous parcels that comprise over a half acre zoned C2-R4 with ample parking for all units (30 parking spaces). |
| The units are 100% occupied, with some units at below market rents, which can be increased subject to City of LA RSO Rent Stabilization Ordinance. |
| Excellent unit mix of 55% 2 bedroom units, and the remainder being 1 bedroom units, plus an unpermitted Studio/Single unit. |
| Cap Rate: | 7.08 % |
| Total Expenses: | $186,619 USD |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 12 min | - | 5.9 mi |
| Bob Hope | 33 min | - | 19.0 mi |
| Long Beach (Daugherty Field) | 28 min | - | 19.4 mi |
David Holstein
The Holstein Group Inc.
David Holstein
The Holstein Group Inc.
