Property Details
Year Built: 1924
Units: 24
Price / Unit: $133,333
CAP: 4.25%
Executive Summary
- 24 Units – All Singles 1924 Construction.
- Set record breaking price per unit and price per square feet on Witmer Street.
- $905 on current average monthly rent with a proven proforma rent of $1,150 per unit.
- On behalf of our Seller, we negotiated a short five (5) day due diligence period
- Located in a rapidly emerging pocket of Central Los Angeles
