12757 Caswell Ave - Apartments FOR SALE


Los Angeles, CA 90066- Mar Vista
$2,400,000 USD
310-382-6705
12757 Caswell Ave, Los Angeles, CA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/12
null | 5.4% Cap Rate

12757 Caswell Ave
Los Angeles, CA 90066
Mar Vista


HIGHLIGHTS

  • Well-maintained, 9-unit multifamily located in the heart of the Mar Vista.
  • Generating $203,000 Gross Annual Rents. Average Monthly Per-Unit rent of $1,883.
  • Approximately 25%-30% upside in rents from current to market.
  • Situated in a quiet residential setting with excellent access to shops and retail in Mar Vista and Marina del Rey.

OVERVIEW

Don't miss 12757 Caswell Avenue - a well-maintained, 9-unit multifamily property located in the heart of Mar Vista! This 1960s-constructed property is offered at an 11.5x GRM, generating an average monthly per-unit rent of $1,883/month with approximately 25%-30% upside in rents from current to market. The diverse unit mix consists of 5 two-bedroom units, 1 one-bedroom unit and 3 Bachelor units. 12757 Caswell is well-situated near the intersection of Venice Boulevard and Centinela Avenue with easy access to Venice Beach, Marina del Rey, Playa Vista, Culver City, as well as the 90 and 10 freeways. With an excellent 90/100 Walk Score, 12757 Caswell Avenue is well-positioned as a walkable and transit-friendly multifamily investment located in the heart of one of the Westside’s most desirable rental submarkets.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$398 USD /SF

# OF UNITS

9

PRICE/UNIT

$266,667

CAP RATE

5.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

9 Units Well-located in Mar Vista!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,122 SF

ZONING

R3-1, City of L.A.

APN/PARCEL ID

4236-018-022

ASK ABOUT THIS PROPERTY

Everett WongGreysteelMore Info
310-382-6705

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Everett WongGreysteelMore Info
310-382-6705

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