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$5,950,000
Est. payment /mo
13,760 SqFt
UPDATED:
11/14/2024 08:13 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 13,760 sqft
Price per Sqft $432
MLS Listing ID CRSB24219747
HOA Y/N No
Year Built 1951
Lot Size 0.783 Acres
Acres 0.78
Property Description
6.16% in place cap rate and 11.15 GRM - NON RENT CONTROLLED ASSET! This fully renovated and high cash-flowing 23 unit asset is located on a massive 34,122 sq ft lot. Property comes with 21 parking spaces and every unit features new floors, cabinets, bathrooms, kitchens and all units are equipped with washer and dryer in unit. Perfect for family rentals. As a fully turned asset this property has very low maintenance. All new windows, roofs, plumbing. This is a perfect turn key asset for any buyer and will produce incredible cash flow. 134th St has an ideal unit mix consisting of (1)3Bed/1Bath, (3) 2Bed/1Bath, & (18) 1Bed/1Bath and (1) Studio/1Bath units. The subject property is just minutes away from major employers and new developments such as SpaceX, Amazon Ring, Boeing, Hollywood Park and SoFi Stadium. OM in the supplements.
Location
State CA
County Los Angeles
Area Listing
Interior
Fireplace No
Laundry Inside
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 6115004006
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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.