4835 Pickford St - Multi-Family FOR SALE


Los Angeles, CA 90019- Mid-City
$1,700,000 USD
310-270-8423
4835 Pickford St, Los Angeles, CA for Sale
$1,700,000 USD
Multi-Family - FOR SALE
1/22
null | 4.13% Cap Rate

4835 Pickford St
Los Angeles, CA 90019
Mid-City


HIGHLIGHTS

  • Desirable Mid City Location Adjacent to Picfair Village, West Adams and Lafayette Square
  • Close proximity to a plethora of Fine Dining, Shopping, and Entertainment options along Venice Boulevard
  • EXcellent unit mix consisting of Three 3BR/2BA & One 4BR/3BA Units
  • Value Add Investment Opportunity with 38% Upside in Market Rents
  • PROPERTY sits on a 5,765 SF Lot

OVERVIEW

The Offering comprises a rare and attractive value-add investment property located at 4835 Pickford Street in Prime Mid City, adjacent to Picfair Village, West Adams, and Lafayette Square. Situated in one of the most vibrant and sought-after neighborhoods in Los Angeles, this property offers tenants proximity to an array of fine dining, shopping, and entertainment options along nearby Venice Boulevard. This is an exceptional opportunity for a savvy investor to acquire a prime location with significant value-add potential, boasting a 38%rental upside. The property features an excellent unit mix of Three (3) 3 Bedroom / 2 Bathroom and One (1) 4 Bedroom / 3 Bathroom units, highly desirable in today’s competitive rental market. All units are separately metered for gas and electric, enhancing operational efficiency. This valuable asset is available for sale for the first time in over 15 years, presenting a unique chance to invest in a thriving Mid City location.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$260 USD /SF

# OF UNITS

4

PRICE/UNIT

$425,000

CAP RATE

4.13%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,781 SF

ZONING

LARD2

APN/PARCEL ID

5067-010-010

ASK ABOUT THIS PROPERTY

Michael MonempourLyon Stahl Investment Real EstateMore Info
310-270-8423

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Michael MonempourLyon Stahl Investment Real EstateMore Info
310-270-8423

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