1320 Armacost Ave - Apartments FOR SALE
Los Angeles, CA 90025 |
1320 Armacost Ave
Los Angeles, CA 90025
HIGHLIGHTS
- Low-rise, walk-up apartment building adjacent to Brentwood with 32.4% rental upside
- Owned by the same family for 23 years, it has been meticulously well-maintained with copper plumbing throughout
- Opportunity to add significant value through strategic renovations to the unit interiors, common areas, facade, and landscaping
- Fully occupied with 100% collections
- Highly walkable location in West Los Angeles, one of the metro’s most stable and desirable multifamily neighborhoods
- Submarket asking rents grew by an average of 8.5% in 2019 alone
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
9086
STORIES
2
YEAR BUILT
1970
PARKING SPACES
10
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
4263-023-024
