HIGHLIGHTS
- Owner will carry first trust deed
- Value added opportunity in excellent Palms location of West Los Angeles
- Located adjacent to major employment hub of downtown Culver City and walking distance to Metro E Line
- Tremendous upside in existing rents
- Excellent unit mix consisting of (5) 1+1 units and (1) 2+1 unit
OVERVIEW
Equity Union Commercial is proud to represent this 6 unit apartment building in Los Angeles.
The building was constructed in 1954. The property has an excellent unit mix of (5) 1+1 units and (1) 2+1 unit. With a lot size of 6,448 square feet, the property has a total of 4,112 rentable square feet.
The property is separately metered for electricity.
FOR SALE DETAILS
PRICE
$1,700,000 USD
PRICE/SF
$413 USD /SF
# OF UNITS
6
PRICE/UNIT
$283,333
CAP RATE
4.34%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
3624 Hughes Ave.
PROPERTY TYPE
Multi-Family
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1954
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.15 AC
LAND SF
6,448 SF
ZONING
LAR3
APN/PARCEL ID
4313-011-001
ASK ABOUT THIS PROPERTY
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818-640-4360
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Please correct the highlighted field(s).
818-640-4360
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