1613 Exposition Blvd | Los Angeles, CA 90018
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- LoopNet Team
1613 Exposition Blvd
Los Angeles, CA 90018
Huge Upside w/ ADUs · Multifamily Property For Sale
·
3 Units
INVESTMENT HIGHLIGHTS
- *Financial Metrics*- 6.74% Current Cap and 10.70 GRM with upside to a 11.11% Cap and 7.33 GRM after ADUs.
- *Light Rail Metro E Line*- Across from the Light Rail Exposition Line offers tenants quick access to the beach, USC and downtown shopping.
- *Exposition Park Community*- This neighborhood includes a collection of museums, sports facilities and recreational areas (ex Natural History Museum).
- *ADU Potential for $1 Million in Added Value*- Potential to build and boost income or resale upside significantly by adding 3 ADUs.
- *Nearby USC*- Great opportunity to rent out rooms for student housing.
- *Walk Score*- Very walkable neighborhood with 74 Walk Score and 82 Bike Score.
PROPERTY FACTS
| No. Units | 3 | Building Size | 3,024 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Lot Size | 0.14 AC | Year Built | 1945 |
| Zoning | C2-2D-O-CPIO | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.14 AC |
| Building Size | 3,024 SF |
| No. Stories | 2 |
| Year Built | 1945 |
| Zoning | C2-2D-O-CPIO |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 4+2 | 1 | - | - |
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