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
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