16 bedroom house for sale
$3,650,000 - Los Angeles CA 90006Los Angeles CA 90006
16 bedroom house for sale
- Beds: 16
- Baths: 18
- Price: $3,650,000
- Reference No.: 69647713
- Area: 9,311 sqft
Advertisement
Overview
17-unit value-add opportunity priced at only 214k/door with a remarkable Current Cap Rate of 6.25% and 11.4 GRM and an incredible upside potential to 10.48% Cap Rate and 7.61 GRM on proforma. The property consists of 14 units plus 3 brand-new attached ADUs currently under construction. Additionally, 5 of the 14 units have been already fully remodeled with permits and boast new modern cabinets, flooring, lighting, new bathrooms, and significant exterior improvements. Each unit is individually metered for gas and electricity while tenants cover garbage fees - saving you money on utilities from day one. The large 10, 015 SF lot comes complete with gated parking spaces that can accommodate up to multiple cars and requires no soft-story retrofitting. Plus, there are Nearly RTI plans to add 2 additional detached ADUs (2bed/2bath and 3bed/3bath) over the carport to improve the numbers to only 192k/unit, 324/SF, 8.2% Cap Rate, and 9 GRM on current with upside to 12% Cap Rate and 6.6 GRM on proforma after building the detached ADUs. And let's not forget about its unbeatable location near popular neighborhood attractions like Alibi Coffee Co., Starbucks, Koreatown, DTLA, Culver City, and public transportation options all while being in close proximity to major freeways ensuring smooth travel times within Los Angeles city limits. Don't wait another moment to grab this rare opportunity before it slips away! For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69647713Advertisement
House Los Angeles
This House for sale is located at Los Angeles CA 90006. The home has 16 Bedroom and 18 Bathrooms. This 16 bedroom House in Los Angeles CA is for sale for $3,650,000 .
Disclaimer
2024-03-24, Viewed 1 times.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-24, Viewed 1 times.
Search more listings
- Top 10 2 bedroom apartment for rent norristown pa den
- Top 10 3 bedroom house for rent jupiter fl renovated
- Top 50 2 bedroom apartment for rent regina sk internet
- Top 10 2 bedroom house for sale stuart fl shopping
- Top 20 3 bedroom house for sale guthrie ok appliances
- Top 10 3 bedroom house for rent saint louis mo granite counter
- Top 10 3 bedroom house for sale duluth ga pool
- Top 20 1 bedroom apartment for rent waltham ma balcony
- Top 20 1 bedroom apartment for rent burnaby bc terrace
- Top 20 2 bedroom house for rent santa monica ca den
- Top 20 2 bedroom house for rent indianapolis in den
- Top 10 2 bedroom house for sale panama city fl waterfront