Property Details

Year Built: 1921
Units: 21
Price / Unit: $139,762
Price / SqFt: $334.66
CAP: 4.63%
GRM: 12.46

Executive Summary

  • Value-Add Opportunity – Pro Forma CAP Rate Above Seven Percent
  • Unique Architecture in Emerging Westlake Area
  • Two Separate Structures – One 18-Unit Building (All Singles) and a Triplex
  • Triplex Features Massive Two-Bedroom/One-Bathroom + Den with Two Balconies
  • Triplex Plumbing was Replaced to Copper Plumbing
  • Separately Metered Gas and Electric – Electric Panels Replaced 2002

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