4607 Fern Pl - Apartments FOR SALE


Los Angeles, CA 90032- Montecito Heights
$850,000 USD
213-225-7223
4607 Fern Pl, Los Angeles, CA for Sale
$850,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

4607 Fern Pl
Los Angeles, CA 90032
Montecito Heights


OVERVIEW

We are proud to offer 4607 Fern Pl, a four-unit apartment community located in the El Sereno neighborhood of Los Angeles that will have one (1) unit delivered vacant! This property is centrally located in close proximity to adjacent neighborhoods such as Lincoln Heights, Highland Park, City Terrace, Elysian Park, Monterey Park and Alhambra and is a short drive to Downtown Los Angeles. This opportunity consists three separate structures totaling 1,954 rentable square feet situated on a large 8,753 square foot LARD1.5 zoned lot. With a unit mix of four (4) one-bedroom one-bathroom units (1 UNIT DELIVERED VACANT), there is ample onsite parking as well as over 80% upside in rents! Nearby tenant amenities and attractions include Yumami, Lucky Catsu, Elephant Hill Open Space, Secret Pizza, Tirzahs Mexi-Terranean Grill, El Sereno Community Garden, Evil Cooks, Rose Hill Recreation Center and Park, Mariscos El Chito and more. For additional information contact Casey Lins at 714-333-6768 or Casey.Lins@kidder.com.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$435 USD /SF

# OF UNITS

4

PRICE/UNIT

$212,500

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 Units - El Sereno - 1 VACANT UNIT!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1910

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,753 SF

ZONING

LARD1.5

APN/PARCEL ID

5305-041-018

ASK ABOUT THIS PROPERTY

Casey LinsKidder MathewsMore Info
213-225-7223

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Casey LinsKidder MathewsMore Info
213-225-7223

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