2015 6th Ave - Multi-Family FOR SALE


Los Angeles, CA 90018
$999,000 USD
310-777-2858
2015 6th Ave, Los Angeles, CA for Sale
$999,000 USD
Multi-Family - FOR SALE
1/20
null | 5.32% Cap Rate

2015 6th Ave
Los Angeles, CA 90018


OVERVIEW

Introducing 2015-2017 6th Avenue, a well maintained quadruplex property with substantial value-add potential. Situated strategically in close proximity to major thoroughfares and the 10-freeway, this property offers seamless accessibility to both Culver City and Downtown Los Angeles. The unit configuration comprises two generously sized 2-bedroom & 2-bathroom residences, complemented by two 1-bedroom & 1-bathroom units. Notably, the two smaller units are thoughtfully positioned above two 2-car garages, presenting an exceptional opportunity for the incorporation of Accessory Dwelling Units (ADUs). This advantageous feature not only augments the property's income potential but also aligns with current real estate trends. This quadruplex epitomizes a prime investment prospect, combining an appealing unit mix, a strategic location, and the potential for additional income streams through ADU expansion. Discerning investors aiming to capitalize on the dynamic real estate market of Southern California will find this offering both compelling and strategically poised for growth.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$269 USD /SF

# OF UNITS

4

PRICE/UNIT

$249,750

CAP RATE

5.32%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

LARD2

APN/PARCEL ID

5060-022-019

ASK ABOUT THIS PROPERTY

Nancy SanbornBerkshire Hathaway HomeServices (California)More Info
310-777-2858

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Nancy SanbornBerkshire Hathaway HomeServices (California)More Info
310-777-2858

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