$1,875,000

Residential Income In Los Angeles

  • 16 Hab.
  • 8 Baños
  • 7,152 Sqft
  • 9,500 Sqft lot
  • Actualizado: Ayer
  • Fuente:
    The MLS (CLAW)  MLS#26925063

Sobre la propiedad

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Price Reduction! Large 7,152 SF 8-Unit value-add building cash flowing at a Current 4.25% Cap Rate with a whopping 100% upside to a 10.6% Cap on Proforma! Attractively priced at only 234k/unit for entirely 2-bedroom units and only $262/SF. Large 9,500 SF lot with plans to add 8 detached ADUs to achieve an incredible 12.8% Current Cap Rate, 19% Proforma Cap, 161k/unit, and only $258/SF after taking
Price Reduction! Large 7,152 SF 8-Unit value-add building cash flowing at a Current 4.25% Cap Rate with a whopping 100% upside to a 10.6% Cap on Proforma! Attractively priced at only 234k/unit for entirely 2-bedroom units and only $262/SF. Large 9,500 SF lot with plans to add 8 detached ADUs to achieve an incredible 12.8% Current Cap Rate, 19% Proforma Cap, 161k/unit, and only $258/SF after taking into account all the construction costs (~715k assuming $250/SF). The exterior of the property has undergone detailed renovations and features on-site parking as well as an updated laundry room. Electricity and gas are individually metered which minimizes operating expenses. Prime Mid-City location just minutes away from Beverly Hills, Culver City, West Adams, as well as many hip neighborhood attractions, restaurants, bars, shops, such as Cento Pasta Bar, The Blending Lab Winery, Tartine Bakery, Farmhouse Kitchen Thai Cuisine, Mu. S Coffee, Cumulus luxury 31-story 1,210 unit mixed-use project, 260 units Habitat Residences campus with retail and creative office, and much more.
  • Tipo de propiedad

    Otros

  • Pisos

    2

  • Año de construcción

    1965

  • Precio/pie²

    $262

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2325 S Ridgeley Drive, Los Ángeles, California, Estados Unidos Ver en Google Maps
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Global Platinum Properties, Inc. - Los Angeles

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Global Platinum Properties, Inc. - Los Angeles
California, United States
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2025
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Global Platinum Properties, Inc. - Los Angeles
Los Angeles, California, United States
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Última actualización
Ayer
Primera publicación
Sep 1
Referencia del anuncio
26925063
Estado del anuncio
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