603 W 75th St - Apartments FOR SALE


Los Angeles, CA 90044- South Central LA
$799,000 USD
626-869-8666
603 W 75th St, Los Angeles, CA for Sale
$799,000 USD
Apartments - FOR SALE
1/6
null | 3.92% Cap Rate

603 W 75th St
Los Angeles, CA 90044
South Central LA


HIGHLIGHTS

  • Comprises five units, including one standalone home and a four-unit building.
  • Centrally located near USC, Downtown Los Angeles, and major sports and entertainment venues.

OVERVIEW

An excellent 5 units rental income property in Florence neighborhood of Los Angeles for sale. It is a great investment or development opportunity. The property comprises of a front single unit (3 Bed / 1 Bath) and a rear four-unit (All 2 Bed / 1 Bath). Rents across all units are significantly below market, offering a potential upside upon turnover. This gated property also sits on a 7006 square feet lot with 10 parking spaces. 601 & 603 W 75th St is centrally located just 4 miles from USC and Downtown Los Angeles with convenient access to the 110 freeway. Shopping, schools, EXPO PARK, CRYPTO Arena, LAX, BMO Stadium, LA Memorial Coliseum, LAFC, and Microsoft Theater are only minutes away. Hurry! Don't miss this amazing investment opportunity!

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$257 USD /SF

# OF UNITS

5

PRICE/UNIT

$159,800

CAP RATE

3.92%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

LAR3

APN/PARCEL ID

6020-024-023

ASK ABOUT THIS PROPERTY

Rex ChanSophis Real Estate, Inc.More Info
626-869-8666

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Rex ChanSophis Real Estate, Inc.More Info
626-869-8666

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