2320 Ocean View Avenue
$2,935,000
|
Closed
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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