2910 Leeward Ave - Apartments FOR SALE


Los Angeles, CA 90005- Koreatown
$3,750,000 USD
310-383-5927
2910 Leeward Ave, Los Angeles, CA for Sale
$3,750,000 USD
Apartments - FOR SALE
1/12
null | 6.5% Cap Rate

2910 Leeward Ave
Los Angeles, CA 90005
Koreatown


OVERVIEW

Both Properties are wood frame and stucco and are individually metered for Gas & Electric. 2-Building Portfolio Sale Located at 2910 Leeward Ave & 2809 8th Street in Prime Mid-Wilshire. This is an incredible opportunity to own two adjacent properties, separate APN's, totaling 54 units. 2910 Leeward Ave is a 30-unit with a mix of two bedrooms, one bedrooms, and singles. 2809 8th Street is a 24-unit building with all singles. Together, both buildings combine for 35,910 rentable square feet and sit on a combined 17,385 square foot lot zoned LAR4, Opportunity Zone. The units are large in size and extremely clean with upgrades. Please do not disturb the tenants. All showings will be subject to an accepted offer.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$166 USD /SF

# OF UNITS

30

PRICE/UNIT

$125,000

CAP RATE

6.5%

% 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 - Simonton Commercial GroupMore Info
310-383-5927

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

Chase SimontonRE/MAX One - Simonton Commercial GroupMore Info
310-383-5927

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