• Broker Luis Oliver 9099814466

115 S Fresno St 6 Unit Apartment Building $1,199,999 ($200,000/Unit) 6.84% Cap Rate Los Angeles, CA 90063

INVESTMENT HIGHLIGHTS

  • Great investment opportunity.

EXECUTIVE SUMMARY

Great investment opportunity, with huge upside potential. This property is in a vey desirable location in Los Angeles. This property consist of 3 SFR's, one with 3 bedrooms and 1 Bath! two of the SFR are 2 bedrooms and 1 Bath and a Triplex in the rear 2 with 2 bedrooms and 1 bath and one with 1 bedroom and 1 bath. This property also includes an attached 3 car garage. Centrally located and within 8 minutes of downtown Los Angeles. This property just needs the right investor to truly bring out the potential and full value of this property.

PROPERTY FACTS

Price $1,199,999 Property Subtype Apartment
Price Per Unit $200,000 Apartment Style Single-Family Home
Sale Type Investment Lot Size 0.18 AC
Cap Rate 6.84% Building Size 4,054 SF
Sale Conditions
1031 Exchange
  • Deferred Maintenance
 Average Occupancy 100%
Gross Rent Multiplier 14.62 No. Stories 2
No. Units 6 Year Built 1901
Property Type Multifamily
Zoning LAR2
Price $1,199,999
Price Per Unit $200,000
Sale Type Investment
Cap Rate 6.84%
Sale Conditions
1031 Exchange
  • Deferred Maintenance
Gross Rent Multiplier 14.62
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Lot Size 0.18 AC
Building Size 4,054 SF
Average Occupancy 100%
No. Stories 2
Year Built 1901
Zoning LAR2

AMENITIES

SITE AMENITIES

  • Gated
Walk Score®
Very Walkable (77)

PROPERTY TAXES

Parcel Number 5179-006-028 Improvements Assessment $264,834
Land Assessment $278,773 Total Assessment $543,607

PROPERTY TAXES

Parcel Number
5179-006-028
Land Assessment
$278,773
Improvements Assessment
$264,834
Total Assessment
$543,607

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