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1628 W 45th St
Los Angeles, CA 90062
Multifamily Property For Sale
·
16 Units
Investment Highlights
- 3 UNITS DELIVERED VACANT
- GREAT UPSIDE POTENTIAL
- GREAT LOCATION
Executive Summary
6-UNITS IN VERMONT SQUARE| $121K per door | 7.28% CAP | 3 VACANT UNITS |
Rare opportunity to acquire 1628 W. 45th Street, a 16-unit apartment building in the highly sought after Vermont Square neighborhood. Offered at $1,950,000 ($121K per door, ~$199/SF) with strong in-place income and immediate upside through 3 vacant units and rental repositioning. Well-located near Western & Vernon with close proximity to Exposition Park, Leimert Park, and the Crenshaw corridor. Features on-site laundry machines hookups. This one starts out as a great investment property and will only get better over time.
Rare opportunity to acquire 1628 W. 45th Street, a 16-unit apartment building in the highly sought after Vermont Square neighborhood. Offered at $1,950,000 ($121K per door, ~$199/SF) with strong in-place income and immediate upside through 3 vacant units and rental repositioning. Well-located near Western & Vernon with close proximity to Exposition Park, Leimert Park, and the Crenshaw corridor. Features on-site laundry machines hookups. This one starts out as a great investment property and will only get better over time.
Property Facts
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| Studios | 12 | - | - |
Property Taxes
| Parcel Number | 5016-007-022 | Improvements Assessment | $495,134 |
| Land Assessment | $353,664 | Total Assessment | $848,798 |
Property Taxes
Parcel Number
5016-007-022
Land Assessment
$353,664
Improvements Assessment
$495,134
Total Assessment
$848,798
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