1400 Carroll Ave - Apartments FOR SALE
Los Angeles, CA 90026 |
1400 Carroll Ave
Los Angeles, CA 90026
HIGHLIGHTS
- Fully remodeled! Artfully restored with high-end custom finishes throughout, blending modern amenities with historic charm.
- ADU POTENTIAL! Delivered with plans for two freestanding 2-bedroom ADUs, offering significant rental income and over 1 million in added value.
- Exceptional long-term tenants in place who care for the property, pay premium rents, and love their homes.
- Delivered fully furnished! Seller will provide Buyer all furniture free of charge, a value of approximately $75,000.
- Massive upside! Achieve a close to 7.5% cap rate with ADU development.
- 5.19% current return! With existing tenants paying $7,196, $5,400, and $3,502.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Luxury Triplex with Approved ADU Plans (x2)
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
3325
STORIES
2
YEAR BUILT
1924
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5405-013-002
