18 bedroom house for sale
$3,495,000 - Los Angeles CA 90005Los Angeles CA 90005
18 bedroom house for sale
- Beds: 18
- Baths: 16
- Price: $3,495,000
- :
- Area: 11,208 sqft
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Overview
Renovated units feature spacious layouts with new vinyl plank flooring, stainless steel appliances, custom cabinetry, and updated kitchens and bathrooms; the property has a community laundry room and is separately metered for gas and electricThe Neema Group of Marcus and Millichap is pleased to present 730 Crenshaw Blvd, a 16-unit multifamily investment opportunity in the Wilshire Park neighborhood of Los Angeles, located just east of S Wilton Pl between Wilshire Blvd and W 8th St. The subject property was built in 1954 and features an impressive unit mix of 12 one-bedrooms and four two-bedrooms with parking at the rear of the property with no soft-story work required. The property is fully occupied with strong in-place cash flow and additional rental upside of over 29% as units turn; at the asking price, 730 Crenshaw Blvd is being offered at $218, 438 per unit a t a 5.47% CAP rate and 11.43 GRM on current income. Renovated units feature spacious layouts with new vinyl plank flooring, stainless steel appliances, custom cabinetry, and updated kitchens and bathrooms; the property has a community laundry room and is separately metered for gas and electric. Dense, infill location with an easy commute for residents throughout Koreatown and to nearby neighborhoods of Fairfax, La Brea, Hollywood, Larchmont Village, Hancock Park, and Downtown Los Angeles. Located a half-mile from the Metro D Rail Line and close to multiple metro bus lines along Crenshaw Blvd and Wilshire Blvd. Opportunity to acquire a well-located asset with strong in-place cash flow and significant rental upside in a premiere submarket with continued low-vacancy and rent growth. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i70454376
Location
Los Angeles CA 90005
18 bedroom house for sale
House Los Angeles
This House for sale is located at Los Angeles CA 90005. The home has 18 Bedroom and 16 Bathrooms. This 18 bedroom House in Los Angeles CA is for sale for $3,495,000 .
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2024-04-12, 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.
2024-04-12, Viewed 1 times.
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