1776 S Rimpau Blvd - Apartments FOR SALE
Los Angeles, CA 90019 |
1776 S Rimpau Blvd
Los Angeles, CA 90019
HIGHLIGHTS
- Investors can Acquire a Significant Presence in Mid-City, a Market Where the Average Transaction Size is 9 Units over the Last Five Years
- Surrounded by Desirable Neighborhoods such as Country Club Park, Lafayette Square and Miracle Mile
- In Close Proximity to World-Class Shopping, Vibrant Restaurants, Museums, Cafes, Bars, Theaters, Grocery Stores, Gyms & Employment Opportunities
- The Government Required Seismic Retrofit Work has Already Been Completed, Which Saves a New Investor Substantially in Capital and Time
- Long Term Ownership – The Subject Property Has Been Owned for 37 Years, Offering a Rare Acquisition Opportunity
- New Ownership has Potential to Add Accessory Dwelling Units (ADU’s) to the Property Allowing for Added Future Growth and Appreciation Potential
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
A 38-Unit Value-Add Opportunity in Mid-City
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
30489
STORIES
2
YEAR BUILT
1962
PARKING SPACES
45
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
5071-022-043
