11728 Avon Way - Multi-Family FOR SALE


Los Angeles, CA 90066- Del Rey
$1,575,000 USD
310-704-2274
11728 Avon Way, Los Angeles, CA for Sale
$1,575,000 USD
Multi-Family - FOR SALE
1/4
null | 4.85% Cap Rate

11728 Avon Way
Los Angeles, CA 90066
Del Rey


OVERVIEW

7 Unit apartment complex located in one of West Los Angeles most affordable and highly desirable rental areas. Easy to rent units consisting of 5-1+1's, 1-2+1 and 1-3+1. Below market rents in at least several of the units offering a savvy investor the opportunity to increase annual income by approximately 25% yielding a higher CAP Rate. The property is also individually metered for utilities, has one central hot water heater, on site laundry room and off - street parking for between 7-9 vehicles. Recent capital improvements also add to the tenant habitability and overall value.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$286 USD /SF

# OF UNITS

7

PRICE/UNIT

$225,000

CAP RATE

4.85%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

8

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LAR3

APN/PARCEL ID

4233-022-031

ASK ABOUT THIS PROPERTY

Alan WachmanMiller & Desatnik Realty Corp.More Info
310-704-2274

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Alan WachmanMiller & Desatnik Realty Corp.More Info
310-704-2274

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