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Apartments For Sale • 11,048 SF
| 16-unit value-add courtyard-style complex located 1 block south of Figueroa St, the artistic hub of Highland Park |
| 10.53% CAP & 7.43 GRM on market rents - 5.09% CAP & 12.81 GRM on current rents w/ approx. 72% rental upside |
| Courtyard-style property featuring (3) 2-bdrm. units & (13) 1-bdrm. units on a 15,910 SF lot. Please note, there is a VACANT 2-bdrm. unit |
| Situated just 1 block south of Figueroa Street—the vibrant commercial heart of Highland Park |
| Well-maintained landscaping and mature trees in the front and courtyard, community laundry, and 16 surface parking spaces |
| Available for individual purchase or as part of a portfolio, with a nearby 10-unit property located just 1 mile away at 1223 N. Ave 56 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 10 min | - | 6.2 mi |
| Cal State La Metrolink Station (Metrolink San Bernardino Line - Metrolink Trains) | 13 min | - | 9.0 mi |
| Transit/Subway | Drive | Walk | Distance |
| Highland Park Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 9 min | 0.5 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 24 min | - | 16.9 mi |
| Los Angeles International | 32 min | - | 20.0 mi |
| Long Beach (Daugherty Field) | 38 min | - | 25.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 16 |
| Type: | Surface |
| Included in Rent: | Yes |
Kenny Stevens
Compass
Kenny Stevens
Compass
