Description
Don't miss out on this great opportunity in prime Mar Vista neighborhood of Los Angeles. Great unit mix, with 5 2-bed/1 bath units, and 2 - 1Bed/1Bath units. Easy access to Venice Beach, Santa Monica, Culver City, LAX and the 405 and 10 Freeways. Some units are vacant allowing for immediate upside in income for an astute investor. Ingoing 4.06% CAP Rate on ACTUAL Occupancy!!! Immediate income increase with 3 vacant units ready to lease. Stabilized CAP Rate of 5.61%.
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12BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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6,083SQFT
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$407$/SQFT
School Ratings & Info
Description
Don't miss out on this great opportunity in prime Mar Vista neighborhood of Los Angeles. Great unit mix, with 5 2-bed/1 bath units, and 2 - 1Bed/1Bath units. Easy access to Venice Beach, Santa Monica, Culver City, LAX and the 405 and 10 Freeways. Some units are vacant allowing for immediate upside in income for an astute investor. Ingoing 4.06% CAP Rate on ACTUAL Occupancy!!! Immediate income increase with 3 vacant units ready to lease. Stabilized CAP Rate of 5.61%.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T19:37:33.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.