2649 Marengo St - Apartments FOR SALE
Los Angeles, CA 90033 |
2649 Marengo St
Los Angeles, CA 90033
HIGHLIGHTS
- Constructed in 1989 – Not Subject to Los Angeles Rent Control
- Attractively Priced at $178 per Square Foot, a 9.71 Current GRM, and a 6.01% Current CAP Rate
- Incredibly Spacious Floorplans – 29,096 SF Spread Over 24 Units
- Desirable Unit Mix – 75% of Apartments Feature Two Bedrooms or More
- RTI Plans for Six Potential ADUs Within Covered Parking Area (Buyer to Verify)
- Attractively Priced at Only $216,667 per Unit, or $173,333 per Unit Upon ADU Completion
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
No LA Rent Control | $178/SF | 9.71 GRM
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
29096
STORIES
2
YEAR BUILT
1989
PARKING SPACES
46
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
5177-002-054
