Closed

372 Loma Drive

$5,075,000

Property Details

Year Built: 1924
Units: 23
Price / Unit: $220,652
Price / SqFt: $211.57
CAP: 3.70%
GRM: 15.10

Executive Summary

  • Huge Lot – 30,006 Square Feet – Zoned LAR4-1
  • All Two-Bedroom Townhouses Feature Individual Water Heaters, Washer and Dryer Hook-Ups and Dual Entrances
  • Potential Development Opportunity to Build Up to 75 Units By Right*
  • With Further Renovations to Mostly Remodeled Units Could Increase NOI
  • On-Site Parking – 31 Spaces and Eight Garages (Currently Used as Shared Storage)
  • Well-Maintained Building Offering Spacious Unit Layouts with Ample Closet Space
  • Just a Few Blocks from Good Samaritan Hospital
  • Gated Property with Controlled Access to Courtyard-Style Building
 

Property Location

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