7119 Kittyhawk Ave - Apartments FOR SALE


Los Angeles, CA 90045- Westchester
$1,499,000 USD
310-780-1899
7119 Kittyhawk Ave, Los Angeles, CA for Sale
$1,499,000 USD
Apartments - FOR SALE
1/15
null | 4.49% Cap Rate

7119 Kittyhawk Ave
Los Angeles, CA 90045
Westchester


HIGHLIGHTS

  • 5 Unit Apartment Building on a Quiet Residential Street in Westchester
  • 4,174 SF Building on a Large 6,871 SF Lot
  • Unit Mix: (2) 2-Bed/1-Bath Units | (3) 1-Bed/1-Bath Units
  • Detached (5) Car Garage With Alley Access | Potential to Convert into an ADU (Buyer to Verify)

OVERVIEW

7119 Kittyhawk Ave is a well maintained 5-Unit situated in the residential neighborhood of Westchester. The property boasts (2) 2-bed/1-bath units and (3) 1-Bed/1-Bath Units with a detached 5-Car Garage on the premises that offers back alley access. The building consists of 4,174 RSF of living space priced at $359/SF and only $299,800 per unit. There is potential for 31% rental upside with the current cap rate of 4.49% and a market cap rate of 6.72%. The property is in a desirable position with close proximity to LAX, Howard Hughes Shopping Center, Playa Del Rey Beach, and the Loyola Marymount University Campus. With its great location, sizeable living space, and potential upside, 7119 Kittyhawk Ave is an excellent investment opportunity for any Los Angeles CRE Investor or exchange buyer.

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$359 USD /SF

# OF UNITS

5

PRICE/UNIT

$299,800

CAP RATE

4.49%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,874 SF

ZONING

R3-1, Los Angeles

APN/PARCEL ID

4103-009-019

ASK ABOUT THIS PROPERTY

Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

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Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

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