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4214 Sunset Dr
Los Angeles, CA 90027

$2,200,000 USD

Apartments For Sale  •  5,388 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,388 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1923
  • Cap Rate 5.20 %
  • Zoning LAR2
67 Transit Score
89 Walk Score

Highlights

Quintessential Los Feliz Bungalow-Style Apartment Community
Current 12.6 GRM | Current 5.25% with Plenty of Value Opportunity
One Unit Delivered Vacant
Attractive In-Place Income and Opportunity to Purchase a Premium Los Feliz Asset at $275,000 per Unit.
Strong Market Rents Demonstrated Interior Renovations, Creating a Model for Future Turns.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $112,291 USD (2023)
Cap Rate: 5.20 %
Total Expenses: $58,276 USD

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 6 min - 3.2 mi
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 9 min - 4.5 mi
Transit/SubwayDriveWalkDistance
Vermont/Sunset Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 11 min 0.6 mi
Vermont/Santa Monica Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 20 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 20 min - 11.2 mi
Los Angeles International 30 min - 16.9 mi
Long Beach (Daugherty Field) 38 min - 27.1 mi
Rich Johns 818-432-1575 KW Commercial
Rich Johns 818-432-1575 KW Commercial