25 bedroom house for sale
$4,600,000 - Los Angeles CA 90004Los Angeles CA 90004
25 bedroom house for sale
- Beds: 25
- Baths: 23
- Price: $4,600,000
- Reference No.: 71882122
- Area: 12,628 sqft
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Overview
Well-maintained 17-unit building cash flowing at an amazing Current Cap Rate of 5.5% and 12.5 GRM from day 1 with an incredible 53% upside to 9.6% Cap Rate and 8.2 GRM on proforma in prime Hancock Park/Larchmont Village area. Attractively priced at only 270k/door and 364/SF with an excellent and large unit mix of 6 (2bed/2bath) units, 2 (2bed/1bath) units, and 9 (1bed/1bath) units including 3 brand-new (1bed/1bath) attached ADUs currently under construction. Additionally, 2 of the units have been completely renovated and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, stainless steel appliances, and major exterior capital improvements. Amenities include a renovated pool and courtyard with seating areas, on-site laundry facilities, secure entry, and covered parking spaces for convenience. Individually metered for gas and electricity with soft-story retrofit already completed. Large 14, 364 SF R3 TOC Tier 3 corner lot for future development potential. Located in the heart of Hancock Park just minutes away from Larchmont Village, Koreatown, Hollywood, and Melrose as well as many hip neighborhood attractions, restaurants, bars, and shops such as Wilshire Country Club, Paramount Studios, H Mart, Levain Bakery, Salt and Straw, and Great White, popping up all around the area. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71882122House Los Angeles
This House for sale is located at Los Angeles CA 90004. The home has 25 Bedroom and 23 Bathrooms. This 25 bedroom House in Los Angeles CA is for sale for $4,600,000 .
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2024-05-16, Viewed 0 times.
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2024-05-16, Viewed 0 times.
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