532 S Hobart Blvd - Apartments FOR SALE
Los Angeles, CA 90020 |
532 S Hobart Blvd
Los Angeles, CA 90020
HIGHLIGHTS
- First time on market in over 30 years
- Well-Maintained Asset Featuring Classic Finishes and Value Add- Potential
- Offered at $144,828/Unit
- 4.16% Cap Rate on Current Income (8.51% on Market Income)
- Multiple Capital Improvements Including a New Elevator & Boiler
- Opportunity for New Owner to Drive Operational Efficiencies by Capturing Upside in Rents and Implementing RUBS
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
20520
STORIES
3
YEAR BUILT
1925
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5503-022-012
