1745 Magnolia Avenue
$1,365,000
|
Closed
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
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