1628 W 45th St - Apartments FOR SALE


Los Angeles, CA 90062- South Central LA
$1,950,000 USD
310-525-0872
1628 W 45th St, Los Angeles, CA for Sale
$1,950,000 USD
Apartments - FOR SALE
1/14
null | 6.3% Cap Rate

1628 W 45th St
Los Angeles, CA 90062
South Central LA


HIGHLIGHTS

  • 3 UNITS DELIVERED VACANT
  • GREAT LOCATION
  • GREAT UPSIDE POTENTIAL

OVERVIEW

6-UNITS IN VERMONT SQUARE| $121K per door | 7.28% CAP | 3 VACANT UNITS | Rare opportunity to acquire 1628 W. 45th Street, a 16-unit apartment building in the highly sought after Vermont Square neighborhood. Offered at $1,950,000 ($121K per door, ~$199/SF) with strong in-place income and immediate upside through 3 vacant units and rental repositioning. Well-located near Western & Vernon with close proximity to Exposition Park, Leimert Park, and the Crenshaw corridor. Features on-site laundry machines hookups. This one starts out as a great investment property and will only get better over time.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$199 USD /SF

# OF UNITS

16

PRICE/UNIT

$121,875

CAP RATE

6.3%

% LEASED

81%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,805 SF

ZONING

LAR1

APN/PARCEL ID

5016-007-022

ASK ABOUT THIS PROPERTY

Sam ShakerchiShakerchi Real EstateMore Info
310-525-0872

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Sam ShakerchiShakerchi Real EstateMore Info
310-525-0872

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