6922 Glasgow Ave - Apartments FOR SALE


Los Angeles, CA 90045- Westchester
$1,450,000 USD
310-872-0963
6922 Glasgow Ave, Los Angeles, CA for Sale
$1,450,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

6922 Glasgow Ave
Los Angeles, CA 90045
Westchester


OVERVIEW

Triplex in the trending Westchester neighborhood of Los Angeles! Currently one of the most sought after multifamily rental pockets due to recent major area development and in-place prime demographics which include an average household income of $90,782 within a 1-mile radius and a population of 830,616 residents and 321,000 employees within a 5 miles radius to draw upon. Ease of management unit mix: 1 bed 1 bath 750 sq. ft. |1 bed 1 bath 750 sq. ft. | 2 bed 1 bath 1,025 sq. ft. Clean building with large, updated units and well laid out floor plans with an emphasis on functionality and natural lighting. Tenants enjoy in unit washer/dryer and rear on-site garage parking. Neighborhood walk score of 83 highlighted by a 3-minute walk to the newly built Interchange at La Cienega Retail Center anchored by Amazon Fresh. 5-minute drive to Ralphs, CVS, Smart & Final, Starbucks, and Trader Joe's. 10-minute drive to Loyola Marymount University, Pepperdine University West Los Angeles Graduate Campus, Westfield Mall Culver City, The Promenade at Howard Hughes Center, Los Angeles International Airport, SoFi Stadium, Kenneth Hahn State Recreation Area, Ballona Creek Bike Path, and Dockweiler State Beach. Superior access to the 405 Freeway. Bonus upside/value add LAR3 zoning optional rear ADU or JADU add on project or full development.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$574 USD /SF

# OF UNITS

3

PRICE/UNIT

$483,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

LAR3

APN/PARCEL ID

4103-012-016

ASK ABOUT THIS PROPERTY

John MociakAvenue Realty GroupMore Info
310-872-0963

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John MociakAvenue Realty GroupMore Info
310-872-0963

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