5735 Camerford Ave - Apartments FOR SALE


Los Angeles, CA 90038- Hollywood
$1,400,000 USD
310-270-6616
5735 Camerford Ave, Los Angeles, CA for Sale
$1,400,000 USD
Apartments - FOR SALE
1/5
null | 5.76% Cap Rate

5735 Camerford Ave
Los Angeles, CA 90038
Hollywood


HIGHLIGHTS

  • First time on market in nearly 50 years
  • Six (6) large 1-bedrooms
  • Garden style building with separate front and rear entrances for every unit
  • Onsite laundry and six (6) detached parking spaces
  • Separately metered for gas and electric, individual water heaters
  • Significant ADU potential

OVERVIEW

JNM Realty proudly presents, on an exclusive basis, 5735 Camerford Ave, a six (6) unit apartment building two blocks from Larchmont Village that has been well maintained and strategically improved. It's the first time being listed for sale in nearly 50 years. The property features six large, one-bedroom, one-bathroom units. They feature original hardwood flooring, 1920s chandeliers, barrel vault entryways, and cove ceiling finishes. There is a laundry room onsite along with six (6) detached covered parking spaces. The occupied units offer a stable operational foundation with approximately 36% upside to Rents. This transaction is subject to Probate Court confirmation and approval as a result of that Court's ongoing supervision of the Seller/Trust. All offers are encouraged. Please call Demis at (310) 270-6616 to discuss further.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$191 USD /SF

# OF UNITS

6

PRICE/UNIT

$233,333

CAP RATE

5.76%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,490 SF

ZONING

LAR3

APN/PARCEL ID

5534-033-021

ASK ABOUT THIS PROPERTY

Demis DokhanianJNM RealtyMore Info
310-270-6616

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Demis DokhanianJNM RealtyMore Info
310-270-6616

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