735 Witmer St - Apartments FOR SALE


Los Angeles, CA 90017
$1,325,000 USD
949-306-1175
735 Witmer St, Los Angeles, CA for Sale
$1,325,000 USD
Apartments - FOR SALE
1/7
null | 6.51% Cap Rate

735 Witmer St
Los Angeles, CA 90017


HIGHLIGHTS

  • UNIT MIX: THREE 0+1 & FIVE 1+1 UNITS
  • FIVE UNITS HAVE BEEN RECENTLY RENOVATED
  • NEW EXTERIOR PAINT
  • ADU POTENTIAL (BUYER TO VERIFY)
  • LARGE PARKING AREA WITH 8 SPACES
  • MASTER METERED FOR GAS & ELECTRICITY

OVERVIEW

The unit mix consists of three 0+1 and five 1+1 units. The investment consists of approximately 4,435 of rentable square feet and is situated on an approximately 6,616 square foot parcel. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building numbers, and five of the units have recently been renovated. The building amenities include a large parking area with eight total spaces, and the property is master metered for both gas & electricity. Call/email Griffin White for complete package. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS 2) Interior Inspection/Books & Records Granted with an Accepted Offer. 3) Submit Proof of Funds & Pre-Qualification Letter with Offer. Broker/agent do not guarantee the accuracy of the square footage, lot size, development potential, or any other information concerning the conditions or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify and complete own due diligence to verify accuracy of all information through physical and personal inspections and with appropriate professionals.

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$299 USD /SF

# OF UNITS

8

PRICE/UNIT

$165,625

CAP RATE

6.51%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1904

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,595 SF

ZONING

LAR3

APN/PARCEL ID

5143-012-018

ASK ABOUT THIS PROPERTY

Griffin WhiteBRC Advisors - BH, Inc.More Info
949-306-1175

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Griffin WhiteBRC Advisors - BH, Inc.More Info
949-306-1175

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