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 |