1539 Corinth Ave - Apartments FOR SALE


Los Angeles, CA 90025- West Los Angeles
$1,995,000 USD
818-933-0350
1539 Corinth Ave, Los Angeles, CA for Sale
$1,995,000 USD
Apartments - FOR SALE
1/5
null | 5.73% Cap Rate

1539 Corinth Ave
Los Angeles, CA 90025
West Los Angeles


HIGHLIGHTS

  • Fantastic Westside Location
  • 11.58 GRM, 5.73% CAP (Current)
  • 12%+ in Rental Upside

OVERVIEW

The Corinth Apartments are a well maintained rent controlled property located in the City of Los Angeles in West Los Angeles. This property presents an astute investor a reposition opportunity as there is approximately 12%+ upside in rents.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$379 USD /SF

# OF UNITS

8

PRICE/UNIT

$249,375

CAP RATE

5.73%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1539-1545 Corinth Avenue, West LA

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,013 SF

ZONING

R4-2, Los Angeles

APN/PARCEL ID

4261-004-010

ASK ABOUT THIS PROPERTY

Warren BerzackLee & Associates Commercial Real EstateMore Info
818-933-0350

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Warren BerzackLee & Associates Commercial Real EstateMore Info
818-933-0350

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