Property Detail

Description

Fourplex Located Approximately 1 Mile from USC and a Half-Mile from Los Angeles Convention Center, Crypto.com Arena & L.A. Live | Residential Asset - Outstanding Owner-User Opportunity | 4.33% Current Cap Rate & 12.80 Current GRM | 8.27% Pro-Forma Cap Rate & 8.43 Pro-Forma GRM | Each Unit Contains Individual Hot Water Heaters | Large 6,250-SF Lot | Desirable Opportunity to Add ADUs at Rear Parking Area | Located Near USC Village, Arts District, Downtown Los Angeles, Koreatown, Grammy Museum, Peacock Theatre Exposition Park, Lucas Museum of Narrative Arts, BMO Stadium and California Science Center | New Hot Water Heater Connections, New Plumbing, New Exterior Lights, New Gate and Upgraded Electrical Subpanels (2011) | Total of 8 Parking Spaces | Close Proximity to Expo Park/USC Transit Line | Qualifies for Attractive Residential Financing