This Multifamily Property is Off-Market.

2108 Maple Avenue
Los Angeles, CA 90011 ·

26 Units · Multifamily For Sale

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2108 Maple Avenue

Price N/A Cap Rate 7%
No. Units 26 Gross Rent Multiplier 7.79
Building Size 16,152 SF No. Stories 3
Property Type Multifamily Year Built 1911
Property Sub-type Garden/Low-Rise Lot Size 8,799 SF
Property Use Type Investment APN / Parcel ID 5127-016-003
Commission Split 2%
Listing ID: 18203814 Date Created: 06/04/2013 Last Updated: 09/03/2013

Description

2108 Maple Avenue is a 26 unit apartment building in downtown Los Angeles. The building consists of 13 singles and 13 one bedroom apartments with 6 gated parking spaces. It is always 100% occupied and has ample street parking.

The building is located in downtown Los Angeles, just off the 110 freeway and within blocks of the Convention Center.

Highlights

  • Easy to assume private financing at 6% interest only or cash to new loan
  • Always 100% occupied
  • Ample street parking
  • Priced at only 7.2 times market rents
  • Rents may be raised 5% annually per RSO
  • Wood frame and stucco construction

Research

2108 Maple Avenue, Los Angeles, CA 90011 (Los Angeles County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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