The 16 unit mixed-use investment offering consists of 10,852 SF buildings on 7,449 SF of land located in Downtown Los Angeles. It has 15 residential units and 1 commercial space. The asset is priced well below replacement cost at $70 PSF and rents that are below market. If you have been looking for a value-add property in todays market, this might satisfy your hunger.
| Property Type | Apartment |
|---|---|
| Year Built | 1908 |
| Level Number | 2 |
| Zoning | LARD2 |
| Listing ID | J5T4KS |
| Style | Other Style |
| Building Size | 10,852 SF |
| Lot Size | 7449 SF |
| Taxes | $9,459 |
Region: Los Angeles
| Gross Income: $102,941 |
| Expenses: $43,464 |