Cap Rate
4.48%
Price Per SF
$323
Price Per Unit
$196,610
Units
59
Gross SQFT
34,850
Year Built
1923
Property Type
Apartments
ADDITIONAL LISTING AGENT
PROPERTY HIGHLIGHTS
- 59 Unit Apartment Community, Built-in 1923
- Unit Mix: (2) – 2Bed/1Bath; (7) – 1Bed/1Bath; (46) – Studio; and (4) – Bachelor Units
- Two Units Deliverable Vacant
- 21% Rental Upside
- Opportunity Zone
- On-Site Laundry Facility
- Master-Metered for Gas & Electric
- A Walk Score of 95 – “Walker’s Paradise”
- High-Density Rental Market with Strong Demographics
- 34,850 Rentable SqFt on a 9,300 SqFt Lot with LAC2 Zoning
Broker of Record
- Kyle Matthews
- License No. 1469842 (CA)
- 866-889-0550
- Matthews Retail Group, Inc.
- 2321 Rosecrans Ave.,
Suite 1225 El Segundo, CA 90245