300 W 60th St - Apartments FOR SALE
Los Angeles, CA 90003 |
300 W 60th St
Los Angeles, CA 90003
HIGHLIGHTS
- The Neema Group of Marcus & Millichap is pleased to present a new construction affordable housing investment opportunity
- Built in 2024, the four-story building totals 38,862 SF and consists of 60 efficiently designed one-bedrooms ranging from 360-569 SF
- The property will be delivered vacant at the close of escrow, allowing an investor to execute their lease-up strategy and cash flow immediately
- The building has a secure entrance that leads to a ground floor 1,084 SF recreation room that can be converted to an office space
- There is a bicycle storage room with 48 spaces, an Amazon hub & mailbox area and three laundry rooms on floors 2-4
- Excellent transit location with multiple Metro bus line stops along Broadway, including a stop just steps from the subject property
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
STATUS
Under Construction
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
38862
STORIES
4
YEAR BUILT
2025
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
6005-004-021
