4201 S Council St - Apartments FOR SALE
Los Angeles, CA 90004 |
4201 S Council St
Los Angeles, CA 90004
HIGHLIGHTS
- 100% Vacant and Fully renovated 16-unit apartment building with permits.
- Cash flowing at an amazing 5.8% Cap Rate and 12.4 GRM from day 1.
- Fully approved RTI plans to add 2 detached ADUs in the garages to achieve a 6.7% Cap Rate and 11 GRM
- Each of the sixteen (16) One-Bedroom | One-Bathroom units have seen a top-to-bottom remodel.
- The property has a new roof, and the electrical systems were updated in last couple years. Also new HVAC and Windows in each unit.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Reduced 250k! Vacant 5.8% Cap w upside 6.7%
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
8677
STORIES
2
YEAR BUILT
1923
PARKING SPACES
4
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
5518-004-005,5518-004-008
