Closed

1745 Magnolia Avenue

$1,365,000

Property Details

Year Built: 1959
Units: 9
Price / Unit: $151,667
Price / SqFt: $227.50
CAP: 4.51%
GRM: 12.52

Executive Summary

  • Nine-Unit Offering in Koreatown Within Walking Distance to Retail and Public Transit
  • Nine Secure Parking Spaces (Access from Alley)
  • Value Add Opportunity – Pro Forma CAP Rate Above Seven Percent
  • Separately Metered for Gas and Electric – Washer and Dryer Hookups Available in Structure
  • Adjacent to New Development
  • Security Camera System in Place

Property Location

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