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Apartments For Sale • 52,968 SF
| Opportunity to acquire a 94 multifamily units and a ±6,000 SF parking lot in Los Angeles. |
| Excellent value-add investment opportunity with strong cash flow and substantial upside potential. |
| Opportunity to increase revenue by implementing a RUBS program to charge back for utilities. |
| Additional income being generated from 6,000 SF parking lot, on-site laundry, and storage. |
| Property features a beauty art deco lobby, controlled access, storage, and well-designed units. |
| Adjacent property at 1200 S Hoover (59 units) is also available for sale. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 10 min | - | 4.1 mi |
| Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 8 min | - | 4.1 mi |
| Transit/Subway | Drive | Walk | Distance |
| Westlake/Macarthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 14 min | 0.8 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 23 min | - | 13.5 mi |
| Bob Hope | 23 min | - | 13.8 mi |
| Long Beach (Daugherty Field) | 30 min | - | 22.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
Janet Neman
Kidder Mathews
Janet Neman
Kidder Mathews
