Apartment Buildings /CA /Los Angeles County /Venice /2008-2020 Strongs Dr
Apartment Buildings /CA /Los Angeles County /Venice /2008-2020 Strongs Dr

2008-2020 Strongs Dr - Apartments FOR SALE


Venice, CA 90291 | 
$3,595,000 USD
310-779-9929
2008-2020 Strongs Dr, Venice, CA for Sale
$3,595,000 USD
Apartments - FOR SALE
1/69
null | 5.54% Cap Rate
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2008-2020 Strongs Dr
Venice, CA 90291

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HIGHLIGHTS

  • Below-Market Assumable Debt
  • Excellent In-Place GRM 12.7
  • Excellent In-Place Cap Rate of 5.45%
  • New Kitchens and Bathrooms in some units
  • New electrical 400-amp service
  • Tankless hot water heaters in most units

OVERVIEW

7 Units steps from the beach offered at a 5.54% CAP and 12.7 GRM

FOR SALE DETAILS

PRICE

$3,595,000 USD

PRICE/SF

$897 USD /SF

# OF UNITS

7

PRICE/UNIT

$513,571

CAP RATE

5.54%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,181 SF

ZONING

LAR3 & LAR1.5

APN/PARCEL ID

4238-022-028,4238-022-031

ASK ABOUT THIS PROPERTY

John SwartzCompass CommercialMore Info
310-779-9929

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John SwartzCompass CommercialMore Info
310-779-9929

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