1928 Rosalia Rd - Apartments FOR SALE


Los Angeles, CA 90027- Los Feliz
$1,820,000 USD
626-391-9100
1928 Rosalia Rd, Los Angeles, CA for Sale
$1,820,000 USD
Apartments - FOR SALE
1/16
null | 4.18% Cap Rate

1928 Rosalia Rd
Los Angeles, CA 90027
Los Feliz


HIGHLIGHTS

  • $108,680 in Actual Rental Income with a 4.18% CAP rate
  • Seller May Finance a Portion of the Purchase
  • Timeless Bungalow Desirable to Investors and Owners alike
  • Well managed Investment Property walking distance to Hillhurst Ave

OVERVIEW

Welcome to this four unit 1920’s bungalow in the heart of Los Feliz! This timeless gem consists of Four 1 Bed/1 Bath units that are currently occupied and generating $108,000 a year in rental income. This well managed property has 2,397 square feet of living quarters and sits on a well designed 6,502 square foot lot. Each unit has its own tree shaded entryway allowing for privacy and a backdoor that takes you to a beautiful back yard open patio. Each tenant has their own gas and electrical meter allowing for easy management. This peaceful palm tree lined street is iconic to Los Angeles living and walking distance to the best Los Feliz has to offer. With a strong and stable Cap rate of 4.1%, this opportunity is desirable to owners and investors alike. Don’t miss this rare chance to own this turnkey classic with so much character Zoned R2-1XL. Interior Photos Coming Soon. SELLER MAY FINANCE a portion of the purchase. Hurry, this opportunity will not last!

FOR SALE DETAILS

PRICE

$1,820,000 USD

PRICE/SF

$759 USD /SF

# OF UNITS

4

PRICE/UNIT

$455,000

CAP RATE

4.18%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1928 Rosalia Rd, Los Angeles (Los Feliz)

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R2-1XL

APN/PARCEL ID

5590-011-025

ASK ABOUT THIS PROPERTY

Mike VachaniThe Provenio Group, Inc.More Info
626-391-9100

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Mike VachaniThe Provenio Group, Inc.More Info
626-391-9100

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