770 N Hill Pl - Apartments FOR SALE
Los Angeles, CA 90012 |
770 N Hill Pl
Los Angeles, CA 90012
HIGHLIGHTS
- • Assumable Loan at 3.35% interest rate, 7-yr fixed until Aug-Sep 2028 (7-year term, buyer to verify ) - ±9.43% Year1 Cash-on-Cash
- • Offered at a very attractive price/unit, ±7.48% Proforma CAP Rate and 9.00x Proforma GRM
- • Excellent location in the heart of the iconic Chinatown neighborhood of Los Angeles
- • WALKER’s PARADISE (walk score of 95 out of 100) and RIDER’s PARADISE (transit score of 90 out of 100)
- • 11 out 16 units have been fully upgraded providing upside potentials on 4 non-turned units
- • Excellent unit mix with good combinations of 3bed, 2bed and 1bed units
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
16-u value-add, 3.35% Loan, ±9.43% Return
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
10880
STORIES
3
YEAR BUILT
1965
PARKING SPACES
20
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5407-022-024
