Property Details
Year Built: 1923
Units: 12
Price / Unit: $175,833
Price / SqFt: $408.91
CAP: 2.81%
GRM: 18.43
Executive Summary
- First Time on the Market in Over 25 Years
- Bungalow-Style Units Situated on a Large Lot with 12 Parking Spaces (Two Tandem)
- Significant Rental Upside – Loss to Rents is Nearly Fifty Percent (50%)
- Situated on a 13,615-Square Foot Lot Currently Zoned R3-1
- A Developer Can Potentially Build 16 Units By Right*
- Located in One of Los Angeles’ Most Desirable Rental Neighborhoods, Within Walking Distance to Paramount Pictures
- Dual Entrances for All Units
- All Units are Separately Metered for Gas and Electricity
