211 N Avenue 63, Los Angeles, CA 90042
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Sold Price :
$1,340,000
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Beds :
4
-
Baths :
4
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Property Size :
2,768 sqft
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Year Built :
1922
Property Description
We are pleased to present our newest exclusive listing in the trendy Highland Park neighborhood . The property is comprised of four units all 1bedroom/1bathroom units ( two which were built in 2008 and are loft style) . Those loft units are exempt from RSO rent control . The property boast a 91 Walkscore (Walkers Paradise) and is located only one block from Figueroa St, local bars, Starbucks, and more! The property is being offered at a 5.72% cap rate on entry rents and a 11.81 GRM. This investment is well suited for long term growth, upside in rents, and located in an extremely desirable Los Angeles neighborhood making it a perfect investment
Interior Features
Bedroom Information |
Bedrooms |
4 |
Bathroom Information |
Bathrooms |
4 |
Interior Information |
Cooling Type |
Wall/Window Unit(s) |
Listing Information
Address |
211 N Avenue 63 |
City |
Los Angeles |
State |
CA |
Zip |
90042 |
County |
Los Angeles |
Listing Agent |
Jonathan Weir DRE #02038545 |
Courtesy Of |
Marcus & Millichap |
Close Price |
$1,340,000 |
Status |
Closed |
Type |
Residential Income |
Structure Size |
2,768 |
Lot Size |
8,052 |
Year Built |
1922 |
Listing information courtesy of: Jonathan Weir, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 20th, 2024 at 12:00 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.