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Apartments For Sale • 11,170 SF
| Current Ownership has Recently Replaced Old Sub Panels for All 17 Units (Buyer to Verify) |
| The Government Required Seismic Retrofit Work has Already Been Completed, Which Saves a New Investor Substantially in Capital and Time |
| There is 114 Percent Remaining Rental Upside that can be Captured Through Turnover & Tactful Renovations |
| Current Ownership has Applied for Capital Expenditure Reimbursements for the Recent Electrical Upgrades Through the City of Los Angeles |
| Low Basis, Priced at $135,294 per Unit |
| Majority Two-Bedroom/One-Bath Units, Which Drives Rental Growth |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 5 min | - | 2.5 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)) | 7 min | - | 2.5 mi |
| Transit/Subway | Drive | Walk | Distance |
| Soto (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 9 min | 0.5 mi |
| Indiana (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 18 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 25 min | - | 17.7 mi |
| Los Angeles International | 30 min | - | 18.5 mi |
| Long Beach (Daugherty Field) | 30 min | - | 19.8 mi |
Sean Rosenzweig
Marcus & Millichap
Sean Rosenzweig
Marcus & Millichap
