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2975 Leeward Ave
Los Angeles, CA 90005 Koreatown

$5,200,000 USD

Apartments For Sale  •  28,112 SF

Property Details

  • Property Type Apartments
  • Total Building Size 28,112 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1927
  • Zoning R5, Los Angeles
82 Transit Score
96 Walk Score

Highlights

Very Low Cost Per Unit of $110,638 & $185 Per Square Foot
Extremely Low Current GRM of 8.45 with Massive Upsides
Large Units Located in Koreatown near Wilshire & Vermont
Fully Leased with Massive Upside to an 8.4% Cap Rate

Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Elevator

Public Transportation

Commuter RailDriveWalkDistance
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 - 4.3 mi
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 8 min - 4.3 mi
Transit/SubwayDriveWalkDistance
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 6 min 0.3 mi
Westlake/Macarthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 17 min 0.9 mi
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 17 min 0.9 mi
AirportDriveWalkDistance
Bob Hope 21 min - 12.8 mi
Los Angeles International 24 min - 13.8 mi
Long Beach (Daugherty Field) 32 min - 23.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Brent Sprenkle 310-621-8221 Northmarq
Brent Sprenkle 310-621-8221 Northmarq