MarketPier

11937 AVON Way - Los Angeles, CA 90066

$5,000,000
Listing Description

Two story 18 unit apartment building in prime area. Earthquake retrofit completed. All one bedroom, one bath units. 22 off street and gated parking spaces. On-site laundry (no lease, machines included in sale). Low maintenance, well maintained property. Two units expected to vacate in December. Master metered for water, electric and gas. 11924 Avon Way across the street (10 units) also available. Can be sold together or separately.

Listing Information
MLS Number
19533326
APN/Parcel ID
4233019021
Type
Multifamily
Sub Type
Multifamily
Building Size
10,154 sqft
Lot Size
14,879 sqft
Price / SQFT
$492
No Units
18
Price / Unit
$277,778
Gross Income
$335,592
Total Expenses
$120,193
Net Income
$214,799
Rent Multiplier
14.9
Cap Rate
4.30%
Listing Date
11/29/2019
Days Active
12
Last Updated
12/12/2019
Listing Provided By
Ryan Morehead
B Squared Realty Westside
BRE# 01374532

Thank You

An email has been sent. Someone will be in touch soon!

Contact Agent

Please Complete All Required Fields.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or with the appropriate professionals.