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S La Fayette Park & Gramercy Portfolio 3 Multifamily Properties Offered at $22,350,000 in Los Angeles, CA
Investment Highlights
- First time on the market in over 15 years
- Existing assumable financing
- Irreplaceable investment opportunity in a supply constrained submarket
- Offered well below replacement cost
Property Facts
| Price | $22,350,000 | Number of Properties | 3 |
| Price / SF | $247.58 / SF | Individually For Sale | 3 |
| Cap Rate | 5.29% | Total Building Size | 90,273 SF |
| Sale Type | Investment | Total Land Area | 1.02 AC |
| Status | Active |
| Price | $22,350,000 |
| Price / SF | $247.58 / SF |
| Cap Rate | 5.29% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 90,273 SF |
| Total Land Area | 1.02 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Park Terrace Apartments
504 S La Fayette Park Pl, Los Angeles, CA 90057 |
Multifamily | 40,632 SF | 1979 | $10,800,000 |
|
Gramercy Place
300 S Gramercy Pl, Los Angeles, CA 90020 |
Multifamily | 31,548 SF | 1970 | $8,200,000 |
|
San Palma Apartments
238 S La Fayette Park Pl, Los Angeles, CA 90057 |
Multifamily | 18,093 SF | 1967 | $3,350,000 |
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S La Fayette Park & Gramercy Portfolio