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$1,650,000
Est. payment /mo
7,540 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Linden Avenue (Lav)
MLS Listing ID PW26101728
HOA Y/N No
Year Built 1918
Lot Size 7,540 Sqft
Property Sub-Type Apartment
Property Description
• Excellent East Village Arts District Location - Walk Score of 97
• Well maintained property
• Upgraded electric panels
• Approximately 18% rental upside
• 6.2% Cap Rate – current rents 8.1% Cap Rate – market rents
• 13.1% Pro Forma return
• Well maintained property
• Upgraded electric panels
• Approximately 18% rental upside
• 6.2% Cap Rate – current rents 8.1% Cap Rate – market rents
• 13.1% Pro Forma return
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description 26-30 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7274018012
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
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Listed by Grant Hahn Morgan Skenderian gmh@morganskenderian.com, DRE #01197893
Nearby Locations
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