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Apartments For Sale • 28,150 SF
| Uber-Hip Location in Virgil Village / Silver Lake |
| Sale Includes 4,255 sf Off-Site Parcel Used for Tenant parking |
| Nineteen of Thirty Units Updated with Modern/Hip Feel |
| 30% Value-Opportunity Possible Through Unit Attrition and Improved Operations |
| Current 5.7% Cap Rate | Market 8.0% Cap Rate |
| Current 11.9 GRM | Market 9.3 GRM |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 8 min | - | 4.1 mi |
| Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 8 min | - | 4.2 mi |
| Transit/Subway | Drive | Walk | Distance |
| Vermont/Santa Monica Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 9 min | 0.5 mi |
| Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 13 min | 0.7 mi |
| Vermont/Sunset Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 20 min | 1.1 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 19 min | - | 11.5 mi |
| Los Angeles International | 27 min | - | 15.6 mi |
| Long Beach (Daugherty Field) | 35 min | - | 25.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 15 |
| Type: | Surface |
| Included in Rent: | Yes |
Rich Johns
KW Commercial
Rich Johns
KW Commercial
