2910 Leeward Ave - Apartments FOR SALE


Los Angeles, CA 90005- Koreatown
$4,095,000 USD
310-383-5927
2910 Leeward Ave, Los Angeles, CA for Sale
$4,095,000 USD
Apartments - FOR SALE
1/10
null | 5.97% Cap Rate

2910 Leeward Ave
Los Angeles, CA 90005
Koreatown


HIGHLIGHTS

  • Mix of 2+1, 1+1, and Studio Units
  • GRM - 8.90
  • CAP Rate - 5.97%
  • Price/Unit - $136,500
  • Price/SF - $181.03

OVERVIEW

2910 Leeward Ave offers a prime Koreatown investment opportunity with a well-maintained 30-unit apartment building. This property features an ideal unit mix of spacious two-bedrooms, one-bedrooms, and studio apartments, providing diverse rental appeal in one of LA’s hottest rental markets. With a strong in-place GRM of 8.90 and a CAP rate of 5.97%, this asset offers immediate cash flow and long- term upside. Located just minutes from Downtown LA, major transit lines, and some of the city's best dining and nightlife, this property is a rare opportunity to acquire a high-performing multifamily asset in a high-demand neighborhood. Currently fully occupied, showings are available only with accepted offers.

FOR SALE DETAILS

PRICE

$4,095,000 USD

PRICE/SF

$181 USD /SF

# OF UNITS

30

PRICE/UNIT

$136,500

CAP RATE

5.97%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Leeward Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,134 SF

ZONING

R4, Los Angeles

APN/PARCEL ID

5077-019-011

ASK ABOUT THIS PROPERTY

Chase SimontonRE/MAX One CommercialMore Info
310-383-5927

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Chase SimontonRE/MAX One CommercialMore Info
310-383-5927

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