6036 Cadillac Ave - Multi-Family FOR SALE


Los Angeles, CA 90034- Mid-City
$2,425,000 USD
310-428-4116
6036 Cadillac Ave, Los Angeles, CA for Sale
$2,425,000 USD
Multi-Family - FOR SALE
1/30
null | 4.24% Cap Rate

6036 Cadillac Ave
Los Angeles, CA 90034
Mid-City


HIGHLIGHTS

  • Strategic, Easy to Get Anywhere West Mid City Location
  • Massive Upside in Rents
  • EV Chargers In Parking Area
  • Uniquely Low Price Per Square Foot & Cost Per Unit Metrics
  • Separately Metered For Gas & Electricty
  • Good Unit Mix

OVERVIEW

The Brander Investment Group is pleased to present 6036 Cadillac Avenue Residences, a 14-unit multifamily investment opportunity located on the western edge of Mid-City, Los Angeles. The property features a diverse mix of (4) two-bedroom/one-bath units, (9) one bedroom/ one-bath units, and (1) studio unit, catering to a wide range of tenants. The subject property provides the astute investor with an opportunity to acquire this asset at a remarkably low $231 per building square foot & $173,214 per unit respectively. Additionally, there is massive rental upside, well over 50%, providing a compelling value add opportunity to increase cash flow and substantially increase overall asset value. The building is separately metered for gas and electricity, helping to minimize owner expenses, and features a pitched roof, contributing to its long-term durability and reduced maintenance considerations. Ideally situated in close proximity to a variety of shops, restaurants, and local amenities, the subject property benefits from strong rental demand driven by its strategic western edge of Mid-City location, with convenient access to surrounding Picfair Village, Beverlywood and Carthay Square neighborhoods, as well as nearby Culver City employment hubs and lifestyle attractions. 6036 Cadillac Avenue represents an excellent opportunity for investors seeking a well-located asset with substantial upside potential in one of Los Angeles’ most dense rental markets.

FOR SALE DETAILS

PRICE

$2,425,000 USD

PRICE/SF

$231 USD /SF

# OF UNITS

14

PRICE/UNIT

$173,214

CAP RATE

4.24%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Cadillac Residences

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,164 SF

ZONING

-

APN/PARCEL ID

5066-001-013

ASK ABOUT THIS PROPERTY

Glenn BranderBrander Investment GroupMore Info
310-428-4116

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Glenn BranderBrander Investment GroupMore Info
310-428-4116

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