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Palmwood Apartments

4028 Palmwood, Los Angeles, CA 90008

$975,000

8 Units | Multifamily

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Multifamily Property For Sale

Price:
$975,000
No. Units:
8
Building Size:
7,371 SF
Price/Unit:
$121,875
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
6.50%
Gross Rent Multiplier:
10.50
Occupancy:
100%
No. Stories:
2
Year Built:
1954
Lot Size:
8,102 SF
APN / Parcel ID:
5032 009 006
Listing ID
18392572
Last Updated
26 days ago

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Description

Two story eight unit apartment with seven large 1 bedroom units and one 2 bedroom unit with upside on the rents.

Great opportunity to own in an up-trending neighborhood surrounded by major redevelopment.

Financial Summary

  • Actual
  • $54,600

Map of 4028 Palmwood, Los Angeles, CA 90008 (Los Angeles County)

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Asking Price Index Trends for Los Angeles, CA Multifamily For Sale

  Jun 15 vs. 3 mo.
prior
Y-O-Y
-
State
$182,084+7.3%+18.3%
-
Metro
$227,535+4.1%+15.8%
-
County
$230,936+4.6%+18.4%
-
City
$220,375+2.2%+17.2%

View Los Angeles Market Trends for other property types for sale or lease. Learn more about the chart info.

Palmwood Apartments
  • Multifamily
  • $975,000
  • 8 Units
  • 7,371 SF