1110 S Oakhurst Dr - Apartments FOR SALE


Los Angeles, CA 90035- Beverlywood
$4,495,000 USD
310-525-5833
1110 S Oakhurst Dr, Los Angeles, CA for Sale
$4,495,000 USD
Apartments - FOR SALE
1/14
null | 4.63% Cap Rate

1110 S Oakhurst Dr
Los Angeles, CA 90035
Beverlywood


OVERVIEW

Michael Kamara of Lyon Stahl is pleased to present 1110 S Oakhurst Dr, a 13 unit apartment building located adjacent ot Beverly Hills, California. Constructed in 1966, this property features (5) one- bedroom + one-bathroom units, (4) one-bedroom + one-and-a-half-bathroom units with a den, and (4) two-bedroom + two-bathroom units. The building encompasses 13,939 gross square feet and is set on a 9,689-square-foot lot. Situated on a picturesque, tree-lined residential street, 1110 S Oakhurst Dr offers exceptional access to employment opportunities, particularly with the media and technology growth in Hollywood/ Miracle Mile. The property is also surrounded by LA’s iconic landmarks and dining destinations, such as Rodeo Drive and Century City Mall. Additionally, it provides convenient access to major thoroughfares including Olympic Blvd, Pico Blvd, and Robertson Blvd. 1110 S Oakhurst Dr represents a unique value-add opportunity for investors due to the property’s location and rental upside. The property offers a initial CAP rate of 4.63% with the ability to improve to a 6.79% CAP rate once units turnover.

FOR SALE DETAILS

PRICE

$4,495,000 USD

PRICE/SF

$320 USD /SF

# OF UNITS

13

PRICE/UNIT

$345,769

CAP RATE

4.63%

% LEASED

89%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,688 SF

ZONING

LAR3

APN/PARCEL ID

4332-005-045

ASK ABOUT THIS PROPERTY

Michael KamaraLyon Stahl Investment Real EstateMore Info
310-525-5833

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Michael KamaraLyon Stahl Investment Real EstateMore Info
310-525-5833

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