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Apartments For Sale • 5,344 SF
| MAJOR VALUE ADD OPPORTUNITY – current rents are approximately 53 percent below market |
| EXCELLENT UNIT MIX – Nine (9) 1bed+1bath units |
| SIGNIFICANT ADU POTENTIAL – possibility of converting existing space and adding freestanding units |
| 3 BUILDING CONFIGURATION – three separate smaller buildings add to leasing appeal and provide more options for insurance coverage |
| LOW UTILITY COSTS – tenants pay for trash costs |
| PRIME LOCATION – Easy walking distance to dining, retail and entertainment on Olympic Blvd. |
| Cap Rate: | 4.46 % |
| Total Expenses: | $51,468 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 10 min | - | 4.8 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)) | 12 min | - | 5.0 mi |
| Transit/Subway | Drive | Walk | Distance |
| Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 17 min | 0.9 mi |
| Wilshire/Western Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 19 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 22 min | - | 12.8 mi |
| Bob Hope | 23 min | - | 13.0 mi |
| Long Beach (Daugherty Field) | 32 min | - | 23.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 4 |
| Type: | Surface |
| Included in Rent: | Yes |
Josh Kaplan
Equity Union Real Estate
Josh Kaplan
Equity Union Real Estate
