847 E 24th St - Apartments FOR SALE


Los Angeles, CA 90011- Southeast Los Angeles
$1,200,000 USD
562-755-5010
847 E 24th St, Los Angeles, CA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/5
null | 11.65% Cap Rate

847 E 24th St
Los Angeles, CA 90011
Southeast Los Angeles


HIGHLIGHTS

  • Tremendous upside
  • Significant value add opportunity
  • Low price per unit

OVERVIEW

Tremendous upside potential. The property has (6) 2 bedrooms and (2) studios. The apartment is just 9 minutes east of USC. This is part of a portfolio sale. The other property is 2049 Las Vegas Ave. Pomona, a ten-unit building comprised of (9) 2 bedrooms and (1) 3 bedrooms. The properties can be sold individually but must close concurrently with the other property.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$184 USD /SF

# OF UNITS

8

PRICE/UNIT

$150,000

CAP RATE

11.65%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,512 SF

ZONING

LAR2

APN/PARCEL ID

5131-018-017

ASK ABOUT THIS PROPERTY

Ken IshikiLyon Stahl Investment Real EstateMore Info
562-755-5010

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Ken IshikiLyon Stahl Investment Real EstateMore Info
562-755-5010

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