11150 Regent St - Apartments FOR SALE


Los Angeles, CA 90034
$3,375,000 USD
310-266-4650
11150 Regent St, Los Angeles, CA for Sale
$3,375,000 USD
Apartments - FOR SALE
1/10
null | 4.38% Cap Rate

11150 Regent St
Los Angeles, CA 90034


OVERVIEW

Introducing 11150 Regent St., a remarkable 12-unit apartment building nestled in the highly sought-after Palms area of Los Angeles, boasting a vibrant community and endless investment potential. This prime property presents a golden opportunity for astute investors seeking to expand their portfolio in the thriving Los Angeles real estate market. With its desirable features and strategic location, this multifamily building is poised to deliver impressive returns. Spanning an impressive 8,620 square feet, this well-maintained apartment building is situated on an expansive 11,514 square foot lot, offering ample space for residents to enjoy. The attractive 15.6 gross rent multiplier and 4.4% cap rate highlight the property's exceptional income potential. With a net operating monthly income of $12,311, this investment promises lucrative returns that are sure to capture the attention of discerning buyers.

FOR SALE DETAILS

PRICE

$3,375,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

12

PRICE/UNIT

$281,250

CAP RATE

4.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,720 SF

ZONING

LAR3

APN/PARCEL ID

4252-001-001

ASK ABOUT THIS PROPERTY

Finneus EganCompassMore Info
310-266-4650

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Finneus EganCompassMore Info
310-266-4650

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