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1236-1238 W 90th Pl 3 Unit Apartment Building $1,200,000 ($400,000/Unit) 7.74% Cap Rate Los Angeles, CA 90044
INVESTMENT HIGHLIGHTS
- Extensively Renovated
- Refer to Offering Memorandum
- Main House: Furnished Short Term or Mid-Term Rental Unit
EXECUTIVE SUMMARY
This extensively renovated triplex presents a rare opportunity to acquire a turnkey multifamily asset in a desirable and supply-constrained submarket. The property includes three 2-bedroom, 1-bath units: two will be delivered vacant, offering immediate lease-up potential, while the third is occupied at market rent.
The property is well-suited for both seasoned investors and owner-users.
Please refer to the Offering Memorandum for additional details.
The property is well-suited for both seasoned investors and owner-users.
Please refer to the Offering Memorandum for additional details.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $1,200,000 | Property Subtype | Apartment |
| Price Per Unit | $400,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.74% | Lot Size | 0.14 AC |
| Sale Condition | 1031 Exchange | Building Size | 2,314 SF |
| Gross Rent Multiplier | 11.38 | No. Stories | 1 |
| No. Units | 3 | Year Built/Renovated | 1923/2024 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Zoning | LCR320U* - Low Density Residential | ||
| Price | $1,200,000 |
| Price Per Unit | $400,000 |
| Sale Type | Investment |
| Cap Rate | 7.74% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 11.38 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,314 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1923/2024 |
| Opportunity Zone |
Yes |
| Zoning | LCR320U* - Low Density Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
1 1
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1236-1238 W 90th Pl
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