1226 S Dunsmuir Ave - Multi-Family FOR SALE


Los Angeles, CA 90019- Mid-City
$1,450,000 USD
310-259-7556
1226 S Dunsmuir Ave, Los Angeles, CA for Sale
$1,450,000 USD
Multi-Family - FOR SALE
1/26
null | 3.8% Cap Rate

1226 S Dunsmuir Ave
Los Angeles, CA 90019
Mid-City


HIGHLIGHTS

  • Assumable Financing of In-Place Loan $930,000 at 3.5% INTEREST RATE!! Offered at a competitive $633/ RSF
  • Unlock potential with ADUs to generate a healthy Sub 7% CAP
  • Approved Plans — Top-level (1) 3-bed/2-bath and bottom (1) 2-bed/1-bath ADUs to transform into a 5-units
  • Strong Three-Unit Mix — (2) 2-bed/1-bath and (1) 1-bed/1-bath units across 2,290 SF of well-maintained building with High-End Remodels
  • Prime Location — Steps to La Brea Tar Pits, Koreatown dining, Metro E Line, and Mid-Wilshire retail corridor

OVERVIEW

Assumable Financing at 3.5% Beautiful Mid Wilshire Triplex on a Large 7042 Sq Lot With assumable financing and approved plans for 2 More ADUs while maintaining parking on site. Opportunities like this to travel back in time and get debt at 3.5% fixed for 25 more years do not happen often. With a In-place loan of $930,000 at 3.5% the returns on this asset in this nice of an area are unmatched. Positioned in the vibrant Wilshire Vista pocket of Miracle Mile, 1226 S Dunsmuir Ave is a beautiful three-unit that shows exceptionally well for only at $1,450,000—with prime potential for RTI ADUs to expand into a 5-unit income producing cash cow. This tastefully renovated 1937-built property spans 2,290 SF on a spacious 7,042 SF lot, delivering cash flow from a solid mix of (2) 2-bed/1-bath and (1) 1-bed/1-bath units, plus RTI plans for a top-level (1) 3-bed/2-bath and bottom (1) 2-bed/1-bath ADU to supercharge income and scale. Walkable to La Brea Tar Pits, Koreatown hotspots, and Metro E Line transit, this prime location locks in strong tenant retention and rental growth near Mid-Wilshire's retail corridor, Beverly Grove, and Culver City. Delivering immediate Opportunity, 1226 S Dunsmuir offers turnkey cash flow with transformative ADU potential.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$633 USD /SF

# OF UNITS

3

PRICE/UNIT

$483,333

CAP RATE

3.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Assumable Financing In-Place | Loan 3.5%

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,044 SF

ZONING

LAR3

APN/PARCEL ID

5085-014-007

ASK ABOUT THIS PROPERTY

Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

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Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

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