6812 11th Ave - Apartments FOR SALE


Los Angeles, CA 90043- Park Mesa Heights
$5,199,000 USD
310-344-8218
6812 11th Ave, Los Angeles, CA for Sale
$5,199,000 USD
Apartments - FOR SALE
1/11
null | 8.12% Cap Rate

6812 11th Ave
Los Angeles, CA 90043
Park Mesa Heights


HIGHLIGHTS

  • Very clean
  • Very steady
  • Well-managed and "easy" to run
  • Only minutes to SoFi, The Forum and Intuit Dome
  • Massive lot - build a 1/2 dozen ADUs (BTV)

OVERVIEW

19/26 units are 2 Beds Almost all units rehabbed Newer windows and railings. Seismic retrofit completed Strong on-site and off-site management. Separately-metered and has RUBS program Can add 4 or 5 ADUs - massive 20K sq. ft. lot 8.12% CAP SCHEDULED 9.89% CAP PROFORMA 24K SQ. FT. RENTABLE Offered together with 21 units at 2301-2311 Florence Ave. Can be sold together or separately.

FOR SALE DETAILS

PRICE

$5,199,000 USD

PRICE/SF

$218 USD /SF

# OF UNITS

26

PRICE/UNIT

$199,962

CAP RATE

8.12%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Short Sale! Bank wants it off their books.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,389 SF

ZONING

R3

APN/PARCEL ID

4006-026-041

ASK ABOUT THIS PROPERTY

310-344-8218

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310-344-8218

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