3901 De Longpre Ave - Apartments FOR SALE


Los Angeles, CA 90027- Los Feliz
$1,350,000 USD
310-990-2131
3901 De Longpre Ave, Los Angeles, CA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/12
null | 3.93% Cap Rate

3901 De Longpre Ave
Los Angeles, CA 90027
Los Feliz


HIGHLIGHTS

  • Stellar corner lot in Los Feliz
  • Walk to Sunset Junction and Los Feliz Village
  • Onsite laundry
  • 2-car garage

OVERVIEW

3901 De Longpre Ave presents an exceptional value-add opportunity in one of LA's most sought-after rental pockets. This corner lot is perched on a quiet residential street and consists of one (1) 1 bed/1 bath plus den, two (2) one bed/1 bath, and one (1) studio units, offering a versatile mix for stable tenancy and long-term rent growth. Two of the units enjoy the rare convenience of dedicated single-car garages, and the property also features an onsite laundry room with coin-operated machines for added income. Tenants benefit from unbeatable walkability and connectivity located moments from Los Feliz Village, Silver Lake's vibrant Sunset Junction, and just minutes to the Metro station. The location also provides quick access to the 2, 5, and 101 freeways. Whether you're looking to expand your portfolio or secure a steady, well-located asset with upside, 3901 De Longpre Ave offers a rare opportunity to own a character asset in one of LA's strongest and most enduring rental submarkets.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$524 USD /SF

# OF UNITS

4

PRICE/UNIT

$337,500

CAP RATE

3.93%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1921

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

LAR1

APN/PARCEL ID

5430-025-008

ASK ABOUT THIS PROPERTY

Daniel ShiehLyon Stahl Investment Real EstateMore Info
310-990-2131

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Daniel ShiehLyon Stahl Investment Real EstateMore Info
310-990-2131

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