10743 Ohio Ave - Apartments FOR SALE


Los Angeles, CA 90024- Westwood
$2,395,000 USD
310-592-7067
10743 Ohio Ave, Los Angeles, CA for Sale
$2,395,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

10743 Ohio Ave
Los Angeles, CA 90024
Westwood


HIGHLIGHTS

  • Prime Westwood Location
  • Unit available for immediate occupancy by Owner/User
  • Priced Competitively Compared to SFR's in the Overall Neighborhood

OVERVIEW

This charming income property can be described simply as "very good real estate." ONE UNIT IS AVAIABLE FOR AN OWNER / USER. Built in 1936 and loaded with old world charm, this character triplex is located in one of the best rental markets not only in Los Angeles but in all of Southern California. Buildings like this are rarely available for sale making this a real opportunity to acquire in a neighborhood with a high barrier to entrance. Please don't let this opportunity pass you by. As an owner/user, this property makes sense as compared to SFR pricing in the immediate neighborhood. This triplex contains one - 1-bedroom+1-bath above the garage and two - 2-bedoom+1.25 bath (townhouse style) units. The townhouse units each have multiple entrances, a California basement, individual private patio and their own separate laundry area. Located in an area with a very diverse employment base with thousands of jobs in technology, entertainment, law, education, finance, public sector and government. The area is incredibly walkable with access to shops, boutiques and restaurants along Westwood/Santa Monica & Wilshire Boulevards. It is within close proximity to major freeways (the 10 & the 405) and is minutes by car to Beverly Hills and Westwood office buildings, UCLA, Brentwood, Santa Monica and Century City. It is also close to operational subway stations planed for Century City and along Wilshire Boulevard. Long term owner selling "As-Is" and intends to enter into a 1031 tax deferred exchange. Please do not walk on property or disturb tenants.

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$782 USD /SF

# OF UNITS

3

PRICE/UNIT

$798,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1936

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,009 SF

ZONING

LA [Q]RD1.5

APN/PARCEL ID

4325-013-011

ASK ABOUT THIS PROPERTY

Jim GilbLee & AssociatesMore Info
310-592-7067

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Jim GilbLee & AssociatesMore Info
310-592-7067

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