$1,699,000

Residential Income In Los Angeles

  • 4 Beds
  • 16 Baths
  • 8,820 Sqft
  • 5,613 Sqft lot
  • Updated: June 12
  • Source:
    The MLS (CLAW)  MLS#26665941

About the Property

16-UNITS IN VERMONT SQUARE| $121K per door | 7.28% CAP | 3 VACANT UNITS | Rare opportunity to acquire 1628 W. 45th Street, a 16-unit apartment building in the highly sought after Vermont Square neighborhood. Offered at $1,950,000 ($121K per door, ~$199/SF) with strong in-place income and immediate upside through 3 vacant units and rental repositioning. Well-located near Western & Vernon with c
16-UNITS IN VERMONT SQUARE| $121K per door | 7.28% CAP | 3 VACANT UNITS | Rare opportunity to acquire 1628 W. 45th Street, a 16-unit apartment building in the highly sought after Vermont Square neighborhood. Offered at $1,950,000 ($121K per door, ~$199/SF) with strong in-place income and immediate upside through 3 vacant units and rental repositioning. Well-located near Western & Vernon with close proximity to Exposition Park, Leimert Park, and the Crenshaw corridor. Features on-site laundry hookups.
  • Property type

    Other

  • Floors

    2

  • Year built

    1927

  • Price/sqft

    $192

Features

  • Laundry Room

Explore the Area

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Compass - Beverly Hills

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Compass - Beverly Hills
California, United States
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Compass - Beverly Hills
Beverly Hills, California, United States
View agency profile
Last updated
June 12
First listed
Apr 7
Listing reference
26665941
Listing status
Active under contract
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