2124-2126 Main St - Apartments FOR SALE


Los Angeles, CA 90007- West Adams
$2,000,000 USD
310-742-9964
2124-2126 Main St, Los Angeles, CA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/3
null | 6.36% Cap Rate

2124-2126 Main St
Los Angeles, CA 90007
West Adams


HIGHLIGHTS

  • Just one block from the Metro A Blue Line and three blocks from both the 10 Fwy. and 110 Fwy., Residents are provided best in class accessibility t
  • The property includes two retail suites and offers considerable value-add potential with monthly rents.
  • Attractive In-place GRM of 7.37X, and a renovated market GRM of 5.13X.

OVERVIEW

WDIS, Inc., as the exclusive advisor, is pleased to present Southland (the “Property”) for sale a 20-unit apartment building with value-add potential. Just one block from Metro A Blue Line and three blocks from both the I-10 Fwy. and I-110 Fwy., residents are provided with best-in-class accessibility to major employment hubs including Pasadena, Downtown LA, Hollywood, and the San Gabriel Valley.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$110 USD /SF

# OF UNITS

20

PRICE/UNIT

$100,000

CAP RATE

6.36%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SOUTHLAND I 20-UNIT VALUE-ADD I $100K/unit

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

LAM1

APN/PARCEL ID

5127-028-003

ASK ABOUT THIS PROPERTY

Paul DarrowWalker & DunlopMore Info
310-742-9964

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Paul DarrowWalker & DunlopMore Info
310-742-9964

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