6082 W 18th St - Apartments FOR SALE
Los Angeles, CA 90035 |
6082 W 18th St
Los Angeles, CA 90035
HIGHLIGHTS
- RECENT QUARTER MILLION DOLLAR PRICE REDUCTION / Strong yield with a current in-place CAP Rate of 5.72% & a ProForma CAP Rate of 5.94%
- Comparable sales within 0.5 radius are trading at an average of mid 5 CAP rate range, with 86% of those sales delivered vacant.
- Rental Demand & Growth – Located in a high-demand rental corridor with +6% to +24% rent growth potential based on comparable properties & unit size.
- 6082 W 18th (Front) Townhome-Style Unit – 3 Bed / 2 Bath, 1,246 sq. ft. (1st & 2nd levels) & Flat – 2 Bed / 1 Bath, 960 sq. ft. (3rd level)
- 6084 W 18th (Middle) Flat – 1 Bed / 1 Bath, 564 sq. ft. (ground level) & Townhome-Style Unit – 4 Bed / 2.5 Bath, 1,366 sq. ft. (2nd & 3rd levels)
- 6086 W 18th (Rear) Townhome-Style Unit – 3 Bed / 2 Bath, 1,089 sq. ft. (1st & 2nd levels) & Flat – 2 Bed / 2 Bath, 1,001 sq. ft. (3rd level)
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Quarter Million Dollar Price Reduction
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
6226
STORIES
3
YEAR BUILT
2023
PARKING SPACES
12
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5066-005-004
