Apartments For Sale • 3,200 SF
STABILIZED 5.31% cap rate + upside! Pro forma cap rate of 5.52% |
Total monthly income of $11,281. Outstanding rent. Cash cow! |
Rare opportunity to purchase 4 renovated units under 2 million. |
Unbeatable West Adams location just moments WALKING to an unlimited supply of restaurants, shops, businesses and more! |
Potential for one of the 1 bedroom units to be delivered vacant, making this an ideal opportunity for an owner/investor. |
Lowest price per door of any new construction/renovation in West Adams! |
Cap Rate: | 5.31 % |
Total Expenses: | $29,119 USD |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 13 min | - | 7.7 mi |
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)) | 15 min | - | 7.8 mi |
Airport | Drive | Walk | Distance |
Los Angeles International | 19 min | - | 9.2 mi |
Bob Hope | 26 min | - | 14.8 mi |
Long Beach (Daugherty Field) | 34 min | - | 25.6 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 6 |
Type: | Surface |
Included in Rent: | Yes |