11 bedroom house for sale
$2,695,000 - Los Angeles CA 90017Los Angeles CA 90017
11 bedroom house for sale
- Beds: 11
- Baths: 8
- Price: $2,695,000
- Reference No.: 73443037
- Area: 4,444 sqft
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Overview
Huge 200k Price Reduction! Once in a lifetime 100% Fully Renovated 7-unit apartment building with permits cash flowing at an amazing 6.6% Cap Rate and 11.1 GRM from day 1! Additionally, there are nearly RTI plans to add 2 detached ADUs to achieve a remarkable 8.7% Cap Rate and 8.9 GRM on proforma. All 7 units have been completely remodeled from the studs with permits (2 Vacant) and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 4 (1bed/1bath) units, 2 (2bed/1bath) units, and 1 spacious brand-new (3bed/2bath) unit. Additionally, the major systems have been updated including electrical, plumbing, windows, etc. Individually Metered for Gas and Electricity. Large 7, 084 SF R3-1 Lot TOC Tier 2 with future development potential. Excellent Westlake location just steps away from the trendy Echo Park, FilipinoTown, DTLA, and Koreatown.House Los Angeles
This House for sale is located at Los Angeles CA 90017. The home has 11 Bedroom and 8 Bathrooms. This 11 bedroom House in Los Angeles CA is for sale for $2,695,000 .
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2024-06-29, Viewed 0 times.
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2024-06-29, Viewed 0 times.
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