1124 Glenville Dr - Apartments FOR SALE


Los Angeles, CA 90035- Beverlywood
$2,450,000 USD
323-686-1976
1124 Glenville Dr, Los Angeles, CA for Sale
$2,450,000 USD
Apartments - FOR SALE
1/8
null | 4.81% Cap Rate

1124 Glenville Dr
Los Angeles, CA 90035
Beverlywood


HIGHLIGHTS

  • Excellent Beverly Hills Adjacent Location
  • 65% Upside in Rents
  • Possible ADU Potential

OVERVIEW

This is a rare opportunity to own a coveted asset in one of LA’s best neighborhoods. With a Sixty-Five percent upside in rents, this long term “buy and hold” is sure to be a successful vehicle to build generational wealth. New to market for the first time in forty years, the property boasts an excellent unit mix and a Beverly Hills adjacent location. Low expenses make this asset a passive cash flowing investment. All tenants enjoy covered parking on site, and washers & dryers in some units. You won’t want to miss out on this rare opportunity to own a cash flowing asset in this premiere LA neighborhood.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$333 USD /SF

# OF UNITS

6

PRICE/UNIT

$408,333

CAP RATE

4.81%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

LAR3

APN/PARCEL ID

4332-002-042

ASK ABOUT THIS PROPERTY

Brett AlphinCompass CommercialMore Info
323-686-1976

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Brett AlphinCompass CommercialMore Info
323-686-1976

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