1604 La Fayette Rd - Apartments FOR SALE


Los Angeles, CA 90019- Mid-City
$1,295,000 USD
310-795-8567
1604 La Fayette Rd, Los Angeles, CA for Sale
$1,295,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

1604 La Fayette Rd
Los Angeles, CA 90019
Mid-City


HIGHLIGHTS

  • Charming 4-unit building in Mid City / La Fayette Square
  • Centrally located next to Midtown Crossing Center
  • Good size units with wash and dryer in each unit
  • Brand new roof installed in 2024
  • New windows in select units
  • Value-add opportunity with potential to add ADUs

OVERVIEW

Charming 4-unit property in Mid City / La Fayette Square on a quite cul-de-sac. Centrally located next to Midtown Crossing Center. Good size units with washer and dryer in each unit. Several upgrades to the property over the years. Brand new roof installed in 2024. New windows installed in select units. Each unit has a similar open floorplan and full size dining rooms with built-in cabinets. Units are individually metered for utilities. Fully parked with the potential to add ADUs to increase income. Value-add opportunity with upside in rents.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$430 USD /SF

# OF UNITS

4

PRICE/UNIT

$323,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

LAR3

APN/PARCEL ID

5071-009-032

ASK ABOUT THIS PROPERTY

Dominick FaraoneMiller & Desatnik Realty Corp.More Info
310-795-8567

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Dominick FaraoneMiller & Desatnik Realty Corp.More Info
310-795-8567

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