Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

955 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

4124-4126 1/2 Monroe St 7 Unit Apartment Building $1,950,000 ($278,571/Unit) 5.96% Cap Rate Los Angeles, CA 90029

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

OPPORTUNITY ZONE! 7-unit apartment building
This property benefits from excellent walkability to popular, trendy cafes, and restaurants.

Located in a bustling hip neighborhood, on the edge of Silverlake
Each units has its own parking spot

EXECUTIVE SUMMARY

Representing a remarkable OPPORTUNITY ZONE 7-unit apartment building with 90% current market rents. This property features 6 upgraded 1 bed/1 bath units, each unit has its own washer and dryer. 6 units have been thoughtfully renovated with modern finishes, showcasing open layouts that enhance the living space. One of the units is 2/1. Most utilities are covered by tenants; the seller only pays for water. ALL UNITS HAVE ITS OWN PARKING.
Located in a bustling hip neighborhood, on the edge of Silverlake-one of the trendiest areas in LA. This property benefits from excellent walkability to popular, trendy cafes and restaurants. The combination of upgraded units and a thriving location offers significant potential for rental income growth, making this apartment building an excellent opportunity for savvy investors looking to expand their portfolio in a high-demand location which is only 5-10 min drive to Hollywood, Los Feliz, Downtown, Koreatown, Echo Park. It doesn't get much more central in terms of location! Don’t miss your chance to capitalize on this unique investment opportunity!

OM 4124. 4126 Monroe

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$152,296	$33.07
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$152,296	$33.07
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$34,000	$7.38
Net Operating Income	$118,296	$25.69

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual	$152,296
Annual Per SF	$33.07

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$152,296
Annual Per SF	$33.07

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$34,000
Annual Per SF	$7.38

Net Operating Income
Annual	$118,296
Annual Per SF	$25.69

PROPERTY FACTS Under Contract

Price	$1,950,000	Building Class	C
Price Per Unit	$278,571	Lot Size	0.25 AC
Sale Type	Investment	Building Size	4,605 SF
Cap Rate	5.96%	Average Occupancy	100%
No. Units	7	No. Stories	1
Property Type	Multifamily	Year Built	1948
Property Subtype	Apartment	Parking Ratio	2.01/1,000 SF
Apartment Style	Low-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	LARD1.5 - Located in an Opportunity Zone. Lot R1.5*

Price	$1,950,000
Price Per Unit	$278,571
Sale Type	Investment
Cap Rate	5.96%
No. Units	7
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.25 AC
Building Size	4,605 SF
Average Occupancy	100%
No. Stories	1
Year Built	1948
Parking Ratio	2.01/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	LARD1.5 - Located in an Opportunity Zone. Lot R1.5*