4509 Willow Brook Ave - Apartments FOR SALE
Los Angeles, CA 90029 |
4509 Willow Brook Ave
Los Angeles, CA 90029
HIGHLIGHTS
- 4509 Willow Brook Avenue is a 14-unit turn-key investment opportunity located in Silver Lake
- The property is in the heart of Silverlake/ Virgil Village & is approximately ½ mile away from some of the most popular eateries and shops in the area
- Buyers to assume a below market fixed rate Agency loan at 4.75% with Full Term IO through June 2028
- The property is minutes away from some Los Angeles Metropolitan areas top employment centers in Hollywood and Downtown LA.
- With a 93 Walk Score, the asset is in a “Walker’s Paradise” – most daily errands to not require a car.
- A subsequent buyer can capture 14% loss-to-lease via minor cosmetic upgrades and annual rental increases.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Willow Brook Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
8820
STORIES
2
YEAR BUILT
1923
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5539-003-007
