151 S Mountain View Ave - Apartments FOR SALE
Los Angeles, CA 90057 |
151 S Mountain View Ave
Los Angeles, CA 90057
HIGHLIGHTS
- RTI plans to add 2 Attached ADUs in the garages
- 6 fully renovated units with permits, providing immediate income and higher rents
- 2 New upcoming vacancies that can be renovated and leased for a significant increase in rental income
- Prime location with strong rental demand, making it a desirable investment opportunity
- Priced at only $220k per door and $336 per square foot, making it a great investment opportunity
- Current Cap Rate of 7.3% and GRM of 10, with potential for even greater returns on proforma
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Current 7.3% Cap Rate w upside to 11%
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
6536
STORIES
2
YEAR BUILT
1954
PARKING SPACES
8
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5154-006-009
