6401 Converse Ave - Apartments FOR SALE


Los Angeles, CA 90001- Florence-Graham
$1,340,000 USD
310-531-4900
6401 Converse Ave, Los Angeles, CA for Sale
$1,340,000 USD
Apartments - FOR SALE
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6401 Converse Ave
Los Angeles, CA 90001
Florence-Graham


HIGHLIGHTS

  • Only 5 miles from DTLA there is a lot of new developments around this area

OVERVIEW

This fantastic 5-unit commercial property is a prime investment opportunity that offers endless possibilities. Whether you choose to use it as part of your portfolio or develop it to its maximum potential, the left side of the property is a blank canvas waiting to be transformed. With its strategic location and high visibility, this property is sure to attract a steady stream and generate significant returns. Additionally, 4 of the units were recently remodeled and interior and exterior painted giving it a fresh and updated look... Don't miss out on this incredible opportunity to take your business to the next level!

FOR SALE DETAILS

PRICE

$1,340,000 USD

# OF UNITS

5

PRICE/UNIT

$268,000

CAP RATE

7.26%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,600 SF

ZONING

Apartment house (5+ unit

APN/PARCEL ID

6010-030-022

ASK ABOUT THIS PROPERTY

Norma VoelkelVoelkel & AssociatesMore Info
310-531-4900

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Norma VoelkelVoelkel & AssociatesMore Info
310-531-4900

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