Studio house for sale
$3,198,000 - Los Angeles CA 90057Los Angeles CA 90057
Studio house for sale
- Beds: 0
- Price: $3,198,000
- Reference No.: 73394342
- Area: 10,218 sqft
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Overview
18 unit low rise garden style apartment building for sale with tremendous upside of 49% to peak proforma in one of the few remaining pockets in Los Angeles that hasn't seen big growth...yet. A short drive off the 101 and the Silver Lake Blvd exit is 343 S Occidental Blvd. The location is Silver Lake a few blocks to the north and Koreatown a few blocks to the east. 10 of the units are one bed one bath, 8 are studios. Rents were last raised February 2024. Current rents are $18, 936/mo ($227, 236/yr). Highest 1 bed unit is $1700/mo. Highest studio is $1500/mo. February 2025 rents at 4% increase gets to a 4.8 cap and 13.5 GRM. Proforma rents indicate $29, 000/mo or ($348, 000/yr) at 8.3 cap and 9.2 GRM. All units are occupied and rents are current. Laundry is on site. There are 13 parking spaces with the potential to add more.House Los Angeles
This House for sale is located at Los Angeles CA 90057. The home has Studio. This 0 bedroom House in Los Angeles CA is for sale for $3,198,000 .
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2024-06-27, Viewed 0 times.
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The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-06-27, Viewed 0 times.
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