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Los Angeles, CA 90006

Los Angeles, CA 90006

  • Attractive current cap rate and proforma
  • Excellent financing available with competitive leverage and rate
  • Diverse unit mix of (4) Jr. 1 Bedroom + 1 Bath (24) 1 Bedroom + 1 Bath and (2) 2 Bedroom + 1 Bath units 
  • ​Each unit is equipped with Individual Water Heaters
  • Value-Add opportunity with immediate upside in rents & potential for several ADUs.  
  • Located in a Tier 2 Transit Oriented Community (TOC)
  • Potential redevelopment for 51 units by right & 82 under TOC, Buyer to verify
  • Large 20,260± square foot lot, zoned R4, possible future redevelopment
  • 1 Block from Koreatown and just minutes to Downtown LA, USC Village & Staples Center
  • ​Possibility to install on-site laundry, which would increase monthly income

Key Portfolio Information

Listing Status
Unavailable
Multifamily type
Single Family Rental Portfolio
No. of Units
30
Cap Rate
4.68%
GRM / GIM
12.44
Average Occupancy
100
Year Built
1923
Building Size
16,804 Sq ft
Price per unit
0
Lot Size
19885.98 sq ft
No. of Stories
2
APN
5077-028-017 | 5077-028-018
Zoning Code
LAR4
No. of Parking Spots
10
Opportunity Zone
No