1014 W 57th St - Apartments FOR SALE


Los Angeles, CA 90037- Vermont Harbor
$1,350,000 USD
323-376-2469
1014 W 57th St, Los Angeles, CA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/11
null | 6.54% Cap Rate

1014 W 57th St
Los Angeles, CA 90037
Vermont Harbor


HIGHLIGHTS

  • Priced at $112,500 Per Unit
  • Approximately 25% Rental Upside
  • Located in South LA
  • Offered at $194 Per Square Foot
  • Almost Entirely Studio Units

OVERVIEW

1014 W. 547th Street is a 12-unit apartment building located in South Los Angeles. The opportunity consists of eleven (11) studio units and one (1) one-bedroom unit spread across 6,938 rentable square feet. Each unit is separately metered for electricity which will limit the overall operating costs for a new owner. Lastly, there is approximately 25% rental upside that can be achieved as units turnover.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$195 USD /SF

# OF UNITS

12

PRICE/UNIT

$112,500

CAP RATE

6.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,556 SF

ZONING

RD1.5, Los Angeles

APN/PARCEL ID

5002-018-010

ASK ABOUT THIS PROPERTY

Andres DiazKW CommercialMore Info
323-376-2469

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Andres DiazKW CommercialMore Info
323-376-2469

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.