4651 Council St - Apartments FOR SALE
Los Angeles, CA 90004 |
4651 Council St
Los Angeles, CA 90004
HIGHLIGHTS
- The Neema Group of Marcus & Millichap is pleased to present a seven-unit investment opportunity in Koreatown at 4651 Council St
- The property features a unit mix of two onebedrooms and five two-bedrooms with 10 parking spaces; the soft story retrofit work has been completed
- Ownership has completed full renovations of five units with upgrades
- In addition to interior unit renovations, ownership has recently completed exterior and common area capital expenditures
- Opportunity to acquire an asset with little to no deferred maintenance and strong in-place cash flow at a 5.76% CAP rate and 11.77 GRM
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
7444
STORIES
2
YEAR BUILT
1958
PARKING SPACES
10
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5516-020-010
