1628 W 45th St - Apartments FOR SALE
Los Angeles, CA 90062 |
1628 W 45th St
Los Angeles, CA 90062
HIGHLIGHTS
- Offered at $125,000 per unit, $204 per foot, 7.28% CAP and 8.57 GRM on current rents.
- Value-add opportunity w/ approx. 32% upside, 10.85% CAP and 6.48 GRM based on projected market rents for renovated units in the area.
- Property amenities include community laundry and separate utilities for gas and electricity.
- 0.7 miles from MLK Elementary School & Normandie Avenue Elementary, 1.5 miles from Exposition Park, and 2 miles from the Baldwin Hills Crenshaw Mall.
FOR SALE DETAILS
PRICE
-
# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
16 Units w/8.57 GRM & 7.28% CAP & 32% Upside
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
9810
STORIES
2
YEAR BUILT
1927
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
5016-007-022
