$4,240,000 USD
310-365-5054
1351 Armadale Ave
Los Angeles, CA 90042
Eagle Rock
HIGHLIGHTS
- Meaningful value-add opportunity with current rents below market levels
- Balanced 16-unit mix of eight 1-bed and eight 2-bed apartments
- Dense infill Los Angeles location near major employment centers
- Limited new apartment development supports long-term rent growth
- ±0.8 miles from Occidental College driving consistent housing demand
- ADU Opportunity (Contact Listing Agent For Details)
FOR SALE DETAILS
PRICE
$4,240,000 USD
PRICE/SF
$357 USD /SF
# OF UNITS
16
PRICE/UNIT
$265,000
CAP RATE
5.75%
% 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
1958
PARKING SPACES
16
LAND DETAILS
LAND ACRES
0.39 AC
LAND SF
16,895 SF
ZONING
LAR1
APN/PARCEL ID
5474-029-026
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310-365-5054
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310-365-5054
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