5005 Axtell St - Apartments FOR SALE


Los Angeles, CA 90032- Monterey Hills
$2,350,000 USD
626-331-1234
5005 Axtell St, Los Angeles, CA for Sale
$2,350,000 USD
Apartments - FOR SALE
1/1
null | 5% Cap Rate

5005 Axtell St
Los Angeles, CA 90032
Monterey Hills


HIGHLIGHTS

  • Excellent Unit Mix featuring mostly 2 bedroom units
  • Centrallly located, close proximity to Cal State LA, Downtown Los Angeles, Dodger Stadium, and major freeways
  • Onsite Laundry

OVERVIEW

Located in the heart of El Sereno, 5005 Axtell St presents a prime opportunity to acquire a 12-unit multifamily property in a well-positioned Los Angeles neighborhood. Built in 1963, the property features a strong unit mix consisting of (10) two-bedroom/one-bathroom units, (1) one-bedroom/one-bathroom unit, and (1) studio unit. The building spans 9,312 square feet on an 11,342 square foot lot, offering ample living space for tenants. Situated in a desirable residential area, the property benefits from proximity to Cal State LA, Downtown Los Angeles, Dodger Stadium, and major freeways, providing convenient access to employment hubs, dining, and entertainment. This property presents an excellent investment opportunity for both seasoned and new multifamily investors.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$252 USD /SF

# OF UNITS

12

PRICE/UNIT

$195,833

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Axtell Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

LARD3

APN/PARCEL ID

5218-011-024

ASK ABOUT THIS PROPERTY

Jag SinghKW COMMERCIALMore Info
626-331-1234

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

Jag SinghKW COMMERCIALMore Info
626-331-1234

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