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$1,199,900 USD
4237 8th Avenue
Louisiana, California 90008
USA
Louisiana, California 90008
USA
Commercial for Sale, Multi-Family Home
Sale price per sqm: 0
Remarks:
Rare 6-unit Spanish-style building in one of LA's most historic neighborhoods - Leimert Park. Nearly 85% rent upside, current gross income $84,516/yr vs. $156,000/yr at market. One 2BD/1BA unit is currently not occupied and available to live in and / or rent. Updated electrical panels, copper plumbing, several units renovated with granite counters and new flooring. 4 detached garages, 2 available for the next owner to lease separately. Owned coin laundry on-site. Cap rate approximately 5.1% in-place, approximately 11.1% at full market rents. Walking distance to the vibrant Leimert Park Village. Don't miss out.
Features:
- Year Built: 1929
Location:
4237 8th Avenue, Louisiana, California 90008, USA
Listed By CENTURY 21 A Better Service Realty
The Commercial for Sale, Multi-Family Home located at 4237 8th Avenue, Louisiana, California 90008, USA is currently for sale. 4237 8th Avenue, Louisiana, California 90008, USA is listed for $1,199,900 USD. If the property located at 4237 8th Avenue, Louisiana, California 90008, USA isn't what you're looking for, search California Real Estate to see other Commercial For Sale in Louisiana.