1822 Miramar St - Apartments FOR SALE


Los Angeles, CA 90057- Westlake North
$1,375,000 USD
213-797-7187
1822 Miramar St, Los Angeles, CA for Sale
$1,375,000 USD
Apartments - FOR SALE
1/9
null | 6.1% Cap Rate

1822 Miramar St
Los Angeles, CA 90057
Westlake North


HIGHLIGHTS

  • Development Potential LAR3, 19 units by right. TOC Tier 1, 29 units!
  • SFR/Bungalow Delivered Vacant!
  • Large 15,360 SF Lot Zoned LAR3 at $90/SF!
  • Gated Parking!
  • Individually Metered Units!
  • Excellent Curb Appeal with a Well-Manicured Lawn and Pride of Ownership Throughout!

OVERVIEW

Total Realty Group is proud to present! 1822-1830 Miramar St consists of three buildings. A 4 bedroom + 2 bathroom + den SFR. A duplex with 2 bedroom + 1 bathroom units and a fourplex with 1 bedroom + 1 bathroom units. The combined buildings total 5,088 SF on a large 15,360 SF lot zoned LAR3. The units are individually metered for gas, electricity and trash. There is a large rear parking area with 7 plus parking spaces and area for potential development/ADU. Development Potential LAR3, 19 units by right. TOC Tier 1, 29 units. Buyer to verify. High Walk Score of 92! Strategically located minutes from Downtown Los Angeles, Koreatown, and Echo Park, the asset provides tenants with convenient access to employment centers, transit corridors, and neighborhood retail. The property’s infill location and high land value support long-term appreciation, while replacement costs continue to rise across Los Angeles. DO NOT DISTURB OCUPANTS! DRIVE BY ONLY! THOSE WHO DO NOT COMPLY WILL BE DISQUALIFIED

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$270 USD /SF

# OF UNITS

7

PRICE/UNIT

$196,429

CAP RATE

6.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,360 SF

ZONING

LAR3

APN/PARCEL ID

5154-021-003

ASK ABOUT THIS PROPERTY

Yitzy DavisTotal Realty GroupMore Info
213-797-7187

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Yitzy DavisTotal Realty GroupMore Info
213-797-7187

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