2335 Miramar St - Apartments FOR SALE


Los Angeles, CA 90057- Westlake North
$1,100,000 USD
510-468-7404
2335 Miramar St, Los Angeles, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/31
null | 5.76% Cap Rate

2335 Miramar St
Los Angeles, CA 90057
Westlake North


HIGHLIGHTS

  • Very Unique Unit Layout - Vaulted celings
  • Amazing Unit Mix Composed of Singles and One Bedroom Units!
  • Approximately 58% in Rental Up-Side Through Renovation Plan
  • Property Offers On-Site Laundry Facilities and Parking for Tenants
  • Separately Metered for Gas and Electric

OVERVIEW

8 unit multifamily property in Westlake composed of six singles and two one bedroom units. Property offered clear rental upside with two vacant units at time of marketing and projected NOI growth through renovation and stabilization. The asset presents repositioning potential in a highly walkable, transit connected corridor near Downtown Los Angeles, Koreatown, and Silver Lake.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$249 USD /SF

# OF UNITS

8

PRICE/UNIT

$137,500

CAP RATE

5.76%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1929

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

LAR3

APN/PARCEL ID

5154-012-011

ASK ABOUT THIS PROPERTY

Chandler RockwellFred Leeds PropertiesMore Info
510-468-7404

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Chandler RockwellFred Leeds PropertiesMore Info
510-468-7404

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