1716 Winona Avenue - Multi-Family FOR SALE


Los Angeles, CA 90027- Los Feliz
$2,399,000 USD
818-547-6367
1716 Winona Avenue, Los Angeles, CA for Sale
$2,399,000 USD
Multi-Family - FOR SALE
1/9
null | 5.1% Cap Rate

1716 Winona Avenue
Los Angeles, CA 90027
Los Feliz


HIGHLIGHTS

  • Spacious 2 Bedroom Units & 3 Bedroom House
  • Immense Value Add Potential
  • Onsite Parking
  • Large Lot Size
  • Opportunity for Owner-User

OVERVIEW

CBRE, Inc. is pleased to present 1716 Winona Blvd, a well-located multifamily property in the highly desirable Los Feliz neighborhood of Los Angeles. Situated between Prospect Avenue and Ambrose Avenue, with proximity to the Golden State Freeway, this property offers an excellent entry point for investors in the Los Angeles market. These two story buildings, constructed in 1921 / 1941, features a fourplex in addition to a single-family residence on an LARD3 zoned lot. Residents benefit from a vibrant surrounding community, with immediate access to a wide array of dining, grocery, and retail options along Vermont Avenue and Hillhurst Avenue, as well as convenient access to major thoroughfares connecting to Silverlake, Hollywood, and Griffith Park. The property’s location in Los Feliz provides strong tenant demand given the neighborhood’s cultural amenities, tree-lined streets, and proximity to entertainment industry hubs.

FOR SALE DETAILS

PRICE

$2,399,000 USD

PRICE/SF

$300 USD /SF

# OF UNITS

5

PRICE/UNIT

$479,800

CAP RATE

5.1%

% LEASED

60%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1716 Winona Avenue

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,500 SF

ZONING

LAR3

APN/PARCEL ID

5544-012-040

ASK ABOUT THIS PROPERTY

Pakrad MarkarianCBRE, Inc.More Info
818-547-6367

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

Pakrad MarkarianCBRE, Inc.More Info
818-547-6367

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