187 W 41st Pl | Los Angeles, CA 90037
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- LoopNet Team
187 W 41st Pl
Los Angeles, CA 90037
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- ALL Section 8 Tenants, currently operating at a 5.05% CAP
- Unit Mix boasts a high-yielding (4) 3-Bed + 1-Bath and (2) 1-Bed + 1-Bath Units mix
- Will operate at an 8.26% cap rate and 8.88 GRM once the property is stabilized
- Priced at only $251/Sq. Ft!
- Nearly 30% upside in gross monthly income
- Each unit features Washer/Dryer in unit, as well as in wall A/C and central
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 6,558 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1924 |
| Building Class | C | ||
| Zoning | LARD1.5 - Two-Family Residence | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 6,558 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Zoning | LARD1.5 - Two-Family Residence |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 3+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 5111-020-013 | Improvements Assessment | $795,906 |
| Land Assessment | $689,785 | Total Assessment | $1,485,691 |
PROPERTY TAXES
Parcel Number
5111-020-013
Land Assessment
$689,785
Improvements Assessment
$795,906
Total Assessment
$1,485,691
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