1192 Exposition Blvd - Apartments FOR SALE


Los Angeles, CA 90007- South Central LA
$1,948,900 USD
626-242-8197
1192 Exposition Blvd, Los Angeles, CA for Sale
$1,948,900 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

1192 Exposition Blvd
Los Angeles, CA 90007
South Central LA


OVERVIEW

3 of 4 units are vacant at the completely remodeled Bungalows on Exposition ready to get market rate. Buy now and rent them yourself or wait for them to be fully occupied soon. 3 of the units are 2 beds 2 baths with projected rents at $2600/mo each. One unit is 1 bed 1 bath with a projected rent of $1900/mo. The very large garage in the back is a 3 bedroom ADU potential. The building is 2 short blocks from USC, the Expo/Vermont Metro Station, and the all new Lucas Museum of Narrative Art at Exposition Park opening soon. The park has restaurants, retail, and two state-of-the-art theaters. Look it up! These are 3 exceptional points of attraction for an investor: USC, Lucas Museum, & the Metro Station. The building is bungalow style completely remodel in 2019 with new kitchens, bathrooms, flooring, central air & heat, security systems, concrete, and more. Washer/Dryer inside each unit. It's a quiet smaller building with security, plenty of parking, front patio for hanging out or grilling, environmentally conscious materials & low maintenance landscaping, a security gate in the front, and fencing all around. The complex is well lit for safety.

FOR SALE DETAILS

PRICE

$1,948,900 USD

PRICE/SF

$857 USD /SF

# OF UNITS

4

PRICE/UNIT

$487,225

CAP RATE

Request Cap Rate

% LEASED

25%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

USC Student Housing

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,600 SF

ZONING

RD1.5

APN/PARCEL ID

5037-014-008

ASK ABOUT THIS PROPERTY

Aram GaboudianKeller Williams RealtyMore Info
626-242-8197

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Aram GaboudianKeller Williams RealtyMore Info
626-242-8197

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