4248 Whitsett Ave - Apartments FOR SALE


Studio City, CA 91604
$2,899,000 USD
818-406-8032
4248 Whitsett Ave, Studio City, CA for Sale
$2,899,000 USD
Apartments - FOR SALE
1/9
null | 4.14% Cap Rate

4248 Whitsett Ave
Studio City, CA 91604


HIGHLIGHTS

  • No rent control
  • Built in 1984
  • Good unit mix and walkable to Sportsman's Lodge

OVERVIEW

South of Moorpark with no rent control and built in 1984. One unit currently used as owners office. Key selling points is that it's below replacement costs and it's walkable to Ventura Blvd. Maybe there is a condo conversion opportunity here. Each unit does not have washer/dryer but it could be added possibly. Very few Studio City apartments that are not rent controlled, next to the freeway, in an odd location and built in the 80's. Great 1031 or use as an office and collect income simultaneously. Easy to show. Call Tim Hyde 424-835-0727.

FOR SALE DETAILS

PRICE

$2,899,000 USD

PRICE/SF

$439 USD /SF

# OF UNITS

7

PRICE/UNIT

$414,143

CAP RATE

4.14%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

LAR3

APN/PARCEL ID

2367-008-065

ASK ABOUT THIS PROPERTY

818-406-8032

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818-406-8032

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