230-240 N Reno St - Apartments FOR SALE


Los Angeles, CA 90026- Rampart Village
$2,100,000 USD
562-394-7000
230-240 N Reno St, Los Angeles, CA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/7
null | 5.81% Cap Rate

230-240 N Reno St
Los Angeles, CA 90026
Rampart Village


HIGHLIGHTS

  • 100% Tenant Occupied
  • Center in highly developing community of Echo Park
  • Well Maintained

OVERVIEW

In the middle of the highly sought-after neighborhood of Silver Lake and Echo Park find this Spanish-styled Apartment complex. This impressive complex boasts 10-Units (8 One-Bedroom units, and 2 Two Bedroom unit); 100% occupied, with 4150 sqft of living area. On-site laundry. Easy to manage complex and great addition to any investor's portfolio. Rents currently below market, and set in a strong rental community supported with tons of new construction all around. Its central location provides easy access to the city's amenities and attractions, including dining and entertainment options

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$341 USD /SF

# OF UNITS

10

PRICE/UNIT

$210,000

CAP RATE

5.81%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1906

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,342 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

5156-017-012

ASK ABOUT THIS PROPERTY

Julio AyoraSeven Gables Real EstateMore Info
562-394-7000

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Julio AyoraSeven Gables Real EstateMore Info
562-394-7000

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