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1512 Corinth Avenue, Los Angeles, CA

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1512 Corinth Avenue

Los Angeles, CA 90025-5261 - Westside MF Submarket

Property Type:Multi-Family Number of Units:8 Status:Existing Year Built:1957
Stories:2 Building Size:4,864 SF Land Area:.16 AC (7,000 SF)
For Sale Price:$2,700,000 Price/Unit:$337,500.00 Cap Rate:3.63 % GRM:17.25

Parking:1.44 Parking Spaces / 1,000 SF

Composition Open(Tandem) Covered(Tandem) Total Condition
Asphault: 3(0) 0(0) 3 Average
Concrete: 0(0) 5(0) 5 Average

Property Description: Multi Family - 8 Units

Sale Notes:
We are pleased to present an 8 unit apartment building for sale in a prime WLA/Westwood Adj. area, in close proximity to UCLA, Westwood Village and the 405 Freeway. This well-maintained and improved property features 8 (1+1 units). All units have undergone extensive renovation with laminate wood floors, remodeled kitchens, new lighting, ceiling fans and A/C. The building is comprised of 2 stories with 7 parking spaces. There is also a unique opportunity to include this property in the purchase of a 3 Property Portfolio comprised of 25 units, all in prime WLA. The 3 separate properties are located at 10203 Tabor Street, 90034 (10U)MLS#16-166774; 10225 Regent Avenue, 90034 (7U)MLS#16-167016 and 15212 Corinth Avenue, 90025 (8U)MLS#16-166726. Assumable financing at an attractive amount, terms and rates is also available. Please do not walk the property or disturb the tenants. Please see Executive Summary for rents.

North of Santa Monica & South of Ohio.

Miller & Desatnik Realty Corp.
Errol Spiro
(310) 202-9166 x303

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