3124 Rowena Ave - Apartments FOR SALE


Los Angeles, CA 90027
$2,995,000 USD
818-266-0337
3124 Rowena Ave, Los Angeles, CA for Sale
$2,995,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

3124 Rowena Ave
Los Angeles, CA 90027


OVERVIEW

Huge Price Reduction $3,475,000.00 to $2,995,000.00! Seller Motivated. 10-Unit 100% LEASED APT BLDG + (2) ADUs Plans Recently Submitted to the City for (2) 1 + 1s approx. 600 SF each to rent for easily 2,500 per month for about $5,000 per month additional income. A Property Neighborhood Los Feliz 90027. Trendy Prime Cool Los Feliz Area Walk to everything and minutes to restaurants and services and major cities and freeways. Central to North Eastern Prime Los Feliz. Perfect for an exchange buyer or an investor familiar with Los Feliz. The parking consists of 14 Parking spaces (9) Covered parking spaces + five (5) uncovered un-marked parking spaces. SE of Los Feliz Blvd NW of Hyperion Ave and N of Griffith park Blvd S of the Los Angeles River. Minutes drive S to Hollywood, Downtown LA and the San Fernando Valley and North to Glendale and Pasadena several major federal freeways and highways including but not limited to the (5) as well as the (101) (134) (110) and (210) and not too far to Santa Monica and beach communities. We are both the property management and brokerage firm. Rents were raised effective February 1. Seller is motivated to all reasonable offers will be considered. Let me know if there is a good time to discuss this further and to schedule a showing of the exterior and parking. Viewing of the interiors are subject to a contractual agreement and proof of funds and qualifications to close escrow.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$355 USD /SF

# OF UNITS

10

PRICE/UNIT

$299,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,224 SF

ZONING

LARD1.5

APN/PARCEL ID

5433-027-022

ASK ABOUT THIS PROPERTY

Bobby CataniaInfinity Real Estate ServicesMore Info
818-266-0337

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Bobby CataniaInfinity Real Estate ServicesMore Info
818-266-0337

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