1801 S Flower St - Apartments FOR SALE


Los Angeles, CA 90015- West Adams
$6,490,000 USD
310-966-4382
1801 S Flower St, Los Angeles, CA for Sale
$6,490,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

1801 S Flower St
Los Angeles, CA 90015
West Adams


HIGHLIGHTS

  • Walking distance to LA Live, Crypto.com Arena, Convention Hall (0.4 mile), and DTLA entertainment and shopping
  • T-Mobile® Roof Antenna
  • Proximity to USC

OVERVIEW

Walking distance to LA Live, Crypto.com Arena, Convention Hall (0.4 mile), and DTLA entertainment and shopping. • Crypto.com Arena: 0.5 miles* • LA Live: 0.4 miles* • 1323-1331 S. Flower St.: an 11-story mixed-use building. 100-room hotel and 48 market-rate apartments with a 12,676 square feet of ground-floor commercial space: 0.5 miles* • Grammy Museum: 0.6 miles* • Microsoft Theater: 0.6 miles* • Los Angeles Convention Center: 0.6 mile*s • DTLA Ritz-Carlton: 0.6 miles* • FIDM/fashion institute of design & merchandising: 0.6 mile* • Orpheum Theatre: 1 mile* • Los Angeles Trade Technical College: 1.2 miles* • The Broad: 1.4 miles • USC: 1.5 miles* • Exposition Park (including California Science Center, Natural History Museum): 1.5 miles* • Centro Westlake (housing, new transit amenities, retail and a hotel): 1.5 miles* • Onni's Arts District Project: Approximately 1.5 miles* • Grand Park: About 1.7 miles* • Walt Disney Concert Hall: 1.8 miles* • Sixth Street Park, Arts, and River Connectivity Project (approximately 12 acres of open and recreational space): 2 miles* • On-site laundry (3+3) • Walking distance to amenities and a 4-star hotel. • Located in the Figueroa Corridor Business Improvement District. • Adjacent to Santa Monica (10) Freeway and the Bob Hope Patriotic Hall. • located one block away from the Porch, Toyota, Volkswagen, and Audi dealerships. • Bordering the University of Southern California (USC) Patrol Zone. • Proximity to nearby universities, Elementary and High Schools. • T-Mobile antenna on a month-to-month basis All tenants are on a month-to-month basis. • Low Vacancy Rate (10%). • Corner location. • Access to (110) & (10) Freeways. • Access to Metro Rail Blue-Line. *approximately Disclaimer: This offering memorandum and related materials (including any renderings, illustrations, photos, videos, simulated views, graphic images, maps, or other visual depictions (collectively, the “Documents”), are not intended to be nor shall be construed as an offer to sell or a solicitation of offers to buy the Property (whether prohibited by law or otherwise). The Documents are intended to be for general reference and informational purposes only (and are not intended to offer specific tax, investment, or legal advice of any kind). To the extent the documents contain “forward-looking statements”, such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from the expectations expressed herein. While the information contained herein is from sources deemed reliable, it has not been independently verified by WESTMAC Commercial Brokerage Company or Seller. This document is provided subject to errors, omissions and changes in the information (and there is no commitment or obligation to update such information) and is subject to modification or withdrawal. The contents herein are confidential and are not to be reproduced without the express written consent of Seller. The Seller reserves the right to withdraw the Property being marketed at any time without notice, to reject all offers, and to accept any offer without regard to the relative price and terms of any other offer. Prospective buyers shall be responsible for their costs and expenses of investigating the Property and all other expenses, professional or otherwise, incurred by them. Your sole and exclusive remedy for issues relating to the use of, or the reliance on, the documents shall be to discontinue using the information or material obtained. You agree that WESTMAC Commercial Brokerage Company and Seller shall not be liable for any damages relating to your use of, or reliance upon, the documents or any content therein (and hereby waive, disclaim and release such parties from any such damages).

FOR SALE DETAILS

PRICE

$6,490,000 USD

PRICE/SF

$269 USD /SF

# OF UNITS

30

PRICE/UNIT

$216,333

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

LAM2

APN/PARCEL ID

5126-009-006

ASK ABOUT THIS PROPERTY

Milan AshleyWESTMAC Commercial Brokerage CompanyMore Info
310-966-4382

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Milan AshleyWESTMAC Commercial Brokerage CompanyMore Info
310-966-4382

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