Description
Here is your opportunity to own a 6-unit apartment building in the El Sereno area of Los Angeles. This multi-family building has 18-doors 12-baths within 6-units that has over 6,800 sf of living space on a large dual address 7,644 sf lot. Each tenant enjoys 3 bedrooms, 1.75 baths, over 1136 sf of living space, 1 carport parking space and 2 onsite shared laundry rooms. All units currently have under market rents with current GRM 19.12 / 4.82% cap rate but has a potential market GRM 11.58 / 8.22% cap rate. Reasonably listed at $150,000 per door, you have ample room for future income growth. This property boasts 100% occupancy in a tenant dense area that is near USC, CSULA, Art Center, Pasadena, Alhambra and Downtown LA. Don't miss the opportunity to add this property to your RE portfolio. Here is your opportunity to own a 6-unit apartment building in the El Sereno area of Los Angeles. This multi-family building has 18-doors 12-baths within 6-units that has over 6,800 sf of living space on a large dual address 7,644 sf lot. Each tenant enjoys 3 bedrooms, 1.75 baths, over 1136 sf of living space, 1 carport parking space and 2 onsite shared laundry rooms. All units currently have under market rents with current GRM 19.12 / 4.82% cap rate but has a potential market GRM 11.58 / 8.22% cap rate. Reasonably listed at $150,000 per door, you have ample room for future income growth. This property boasts 100% occupancy in a tenant dense area that is near USC, CSULA, Art Center, Pasadena, Alhambra and Downtown LA. Don't miss the opportunity to add this property to your RE portfolio.
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12BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Here is your opportunity to own a 6-unit apartment building in the El Sereno area of Los Angeles. This multi-family building has 18-doors 12-baths within 6-units that has over 6,800 sf of living space on a large dual address 7,644 sf lot. Each tenant enjoys 3 bedrooms, 1.75 baths, over 1136 sf of living space, 1 carport parking space and 2 onsite shared laundry rooms. All units currently have under market rents with current GRM 19.12 / 4.82% cap rate but has a potential market GRM 11.58 / 8.22% cap rate. Reasonably listed at $150,000 per door, you have ample room for future income growth. This property boasts 100% occupancy in a tenant dense area that is near USC, CSULA, Art Center, Pasadena, Alhambra and Downtown LA. Don't miss the opportunity to add this property to your RE portfolio. Here is your opportunity to own a 6-unit apartment building in the El Sereno area of Los Angeles. This multi-family building has 18-doors 12-baths within 6-units that has over 6,800 sf of living space on a large dual address 7,644 sf lot. Each tenant enjoys 3 bedrooms, 1.75 baths, over 1136 sf of living space, 1 carport parking space and 2 onsite shared laundry rooms. All units currently have under market rents with current GRM 19.12 / 4.82% cap rate but has a potential market GRM 11.58 / 8.22% cap rate. Reasonably listed at $150,000 per door, you have ample room for future income growth. This property boasts 100% occupancy in a tenant dense area that is near USC, CSULA, Art Center, Pasadena, Alhambra and Downtown LA. Don't miss the opportunity to add this property to your RE portfolio.
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