714 E 108th St - Apartments FOR SALE


Los Angeles, CA 90059- Canndu/Avalon Gardens
$1,400,000 USD
562-665-2066
714 E 108th St, Los Angeles, CA for Sale
$1,400,000 USD
Apartments - FOR SALE
1/19
null | 8.17% Cap Rate

714 E 108th St
Los Angeles, CA 90059
Canndu/Avalon Gardens


HIGHLIGHTS

  • Great Value Add opportunity
  • Attractive Large 1 bedrooms
  • Controlled access

OVERVIEW

Great Value add investment opportunity in the heart of South Los Angeles. Tremendous rental upside, with strong current collections on existing tenants. Three units are currently vacznt presenting an immediate upside in collecitions. 6/8 Units have been remodeled. VERY large one bedrooms. Controlled pedestrian and parking access. Roof is less than 5 years old, individual water heaters. Numbers provided are on a pro forma basis

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$261 USD /SF

# OF UNITS

8

PRICE/UNIT

$175,000

CAP RATE

8.17%

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

RD2, Los Angeles

APN/PARCEL ID

6071-011-022

ASK ABOUT THIS PROPERTY

Daniel TalamentesAlpha Private EquityMore Info
562-665-2066

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Daniel TalamentesAlpha Private EquityMore Info
562-665-2066

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