Multifamily For Sale • 2,807 SF
Can be sold with an identical 4-plex next door at 2420 Pacific Ave. |
Located off Venice Canal Walk Streets, with Venice Beach Just Seconds Away. |
Studio Unit Will be Delivered Vacant. |
The Building Features 6 Carport Parking Spaces and a Patio/Deck for 3/4 of the units, Making it easy to Find Tenants and Achieve Premium Rents. |
The Property is Low Maintenance With Select Units Renovated, Copper Plumbing, and a Relatively New Roof. |
Ideal for an Owner-Occupant Seeking to Offset Their Mortgage with Rental Income or an Investor Looking to Utilize Residential Financing with 75% LTV. |
Cap Rate: | 4.68 % |
Total Expenses: | $36,617 USD |
Airport | Drive | Walk | Distance |
---|---|---|---|
Los Angeles International | 14 min | - | 7.1 mi |
Bob Hope | 37 min | - | 24.5 mi |
Long Beach (Daugherty Field) | 36 min | - | 26.4 mi |