526 -534 W 47th Street, Los Angeles, CA 90037

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Inversión Activa

526 -534 W 47th Street

$3,495,000

Descripción general

ID de la propiedad: HZ25582509

21
Habitaciones

19
Baños

11954
Sq Ft

1927
Año de construcción

Descripción

Less than $184,000 per unit an Actual Cap Rate of 7.53% and Actual GRM of 9.75. Pro-Forma Cap rate of 12.14% and GRM of 6.66 . Well-Maintained 19-Unit Multifamily property on a Large Double Lot Approx. 15,464 sq. ft. lot located at 526-534 W. 47th St., Los Angeles, CA 90037. This offering includes two adjacent parcels: APNs 5018-027-015 and 5018-027-016. Many units have been fully remodeled and upgraded. Located just minutes south of USC, BMO Stadium, and near shops and restaurants. Situated in a rapidly gentrifying neighborhood with significant development potential. Potential to build affordable or low-income housing, (buyer to verify). Tremendous upside once units are turned. Four units may be delivered vacant at close of escrow. Convenient access to the 110 Freeway, public transits, and local amenities. No on-site manager required. Drive-by only, please do not disturb tenants. For further details, call or text the listing agent.