160-166 W Pico Blvd - Apartments FOR SALE


Los Angeles, CA 90015- South Park
$7,100,000 USD
626-676-7003
160-166 W Pico Blvd, Los Angeles, CA for Sale
$7,100,000 USD
Apartments - FOR SALE
1/57
null | Request Cap Rate

160-166 W Pico Blvd
Los Angeles, CA 90015
South Park


HIGHLIGHTS

  • -58 Single Occupancy Rooms
  • -Additional retail spaces on ground floor
  • -Recently renovated (2024)
  • -Potential to be delivered 100% vacant
  • -TOC- 3 designation with ED-1 eligibility
  • -Located in an opportunity zone

OVERVIEW

There are 54 keys or rooms. 15- rooms with private baths (202, 203, 208, 209, 216, 219, 227, 302, 303, 306, 309, 316, 319, 324, and 327). 2nd Floor - has two (2) public or shared restrooms 3rd Floor - has two (2) public or shared restrooms. Ground floor retail spaces - currently vacant, but in an active corridor with new multi-family development and retail. Walking distance to the LA Convention Center, Crypto Center, and LA Live!

FOR SALE DETAILS

PRICE

$7,100,000 USD

PRICE/SF

$167 USD /SF

# OF UNITS

57

PRICE/UNIT

$124,561

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1914

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,275 SF

ZONING

C2

APN/PARCEL ID

5133-001-004

ASK ABOUT THIS PROPERTY

626-676-7003

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626-676-7003

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