624 S Berendo St - Apartments FOR SALE
Los Angeles, CA 90005 |
624 S Berendo St
Los Angeles, CA 90005
HIGHLIGHTS
- Legacy Asset, First Time on the Market in Over 30 Years
- Three Year, Interest-Only Seller Financing is Available to Qualified Investors
- Located in a Designated Opportunity Zone and May be Eligible for Preferential Tax Treatment
- True Value-Add Opportunity, Approximately 95 Percent Rental Upside Through Interior and Exterior Renovations
- Possible Opportunity to Legalize Two Non-Confirming Units Through the State's Favorable Attached ADU Program (Buyer to Verify)
- Street Parking, Adjacent Parking Lots not Included
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Mid-Wilshire Plaza Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
34402
STORIES
5
YEAR BUILT
1927
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5502-026-012
