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3970 Moore St
Los Angeles, CA 90066

$2,350,000 USD

Apartments For Sale  •  3,380 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,380 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1986
  • Cap Rate 3.86 %
53 Transit Score
91 Walk Score

Highlights

Six-unit investment opportunity in the Mar Vista neighborhood of the westside of Los Angeles at 3970 Moore St, located just north of W Washington Blvd
The property features a unit mix made up of all one-bedroom units; five of the units feature lofted bedrooms with high ceilings in the living room
Abundant parking with 10 spaces
Built in 1986, the property is not subject to Los Angeles city rent control
Long-time ownership, this is the first time the property has been marketed for sale since it was built
Considerable rental upside of over 25% achievable as units turn

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $127,055 USD (2024)
Cap Rate: 3.86 %
Total Expenses: $60,475 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Tub/Shower
  • Loft Layout
  • Walk-Up
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Los Angeles International 12 min - 6.2 mi
Bob Hope 33 min - 22.5 mi
Long Beach (Daugherty Field) 33 min - 24.2 mi
Neema Ahadian 310-909-5444 Marcus & Millichap
Neema Ahadian 310-909-5444 Marcus & Millichap