146 Rosemont Ave - Apartments FOR SALE


Los Angeles, CA 90026
$3,550,000 USD
213-221-9318
146 Rosemont Ave, Los Angeles, CA for Sale
$3,550,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

146 Rosemont Ave
Los Angeles, CA 90026


OVERVIEW

We are pleased to present Non Rent Controlled trophy six-unit property. Gross Building Area per builder is 8,547 Sqft. Each unit has its own balcony, all appliances equipped-Refrigerator, oven, washer and dryer. The cert of occupancy was acquired in 2019. The seller upgraded recently- security cameras, updated gates on Rosemont Ave and Roselake Ave., storage for the landlord. The seller installed 6 EV Chargers. 146 Rosemont is in the Rampart Village neighborhood, which is adjacent to Silverlake, Koreatown, and Westlake and only a few minutes' drive from Downtown. This area just south of the 101 Fwy has seen a dramatic change in the last five years, with the addition of many new coffee shops, restaurants, bars and new construction housing. Demand for rentals have skyrocketed in the neighborhood, and rents have followed. Here is an opportunity to purchase an relatively new construction income property before apartment pricing follows neighborhood rents. As is with all of our properties, 146 Rosemont is a warrantied and Green Certified building offering the investor a trouble-free and low-maintenance investment. The tenants will enjoy private and spacious living in townhome style units with only one common wall, private laundry rooms in each unit, and motorized security gated parking. All units are separately metered for electricity, water, and gas. The common areas utilize a landlord's water and power meter servicing water-efficient landscape.

FOR SALE DETAILS

PRICE

$3,550,000 USD

PRICE/SF

$415 USD /SF

# OF UNITS

6

PRICE/UNIT

$591,667

CAP RATE

Request Cap Rate

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2019

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R3-1

APN/PARCEL ID

5157-018-063

ASK ABOUT THIS PROPERTY

Erica JungDream Realty & Investments, Inc.More Info
213-221-9318

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Erica JungDream Realty & Investments, Inc.More Info
213-221-9318

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