1419 Malvern Ave - Apartments FOR SALE


Los Angeles, CA 90006- Pico-Union
$1,150,000 USD
310-480-5541
1419 Malvern Ave, Los Angeles, CA for Sale
$1,150,000 USD
Apartments - FOR SALE
1/2
null | 4.31% Cap Rate

1419 Malvern Ave
Los Angeles, CA 90006
Pico-Union


HIGHLIGHTS

  • Centrally located to major employment hubs like Downtown LA and Mid-Wilshire, and is within walking distance of the Westlake/MacArthur Park and Metro

OVERVIEW

This 1910s-built property features a mix of eight units, all with rents well below current market value. A strategic renovation plan, combined with the potential to add ADUs, can drive income significantly higher. Residents will enjoy unparalleled connectivity, with easy access to the city's top employment hubs. Proximity to major centers like Downtown LA, Hollywood, and Beverly Hills is complemented by the convenience of nearby Metro stations.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$193 USD /SF

# OF UNITS

8

PRICE/UNIT

$143,750

CAP RATE

4.31%

% 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

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,499 SF

ZONING

RD1.5-1-HPOZ

APN/PARCEL ID

5135-008-014

ASK ABOUT THIS PROPERTY

Robert BruniKeller Williams Advisors CAMore Info
310-480-5541

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Robert BruniKeller Williams Advisors CAMore Info
310-480-5541

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