Turnkey Property | 12 Units

14112 Roscoe Boulevard, Los Angeles, CA

   SOLD!   

$2,450,000

Price

4.01%

Cap Rate

$98,259

NOI

Overview
Cap Rate
4.01%
NOI
$98,259
Building Size
9,020 sqft
Lot Area
9,852 sqft
Units
12
Year Built
1960
Floors
2
Description

This turn key offering at 14112 Roscoe Boulevard is a 12-unit multifamily property situated on a 9,852-square foot lot. The building's unit mix consists of eight one-bedroom/one bathroom units, three two-bedroom/one-bathroom units, and one two-bedroom/one-and-a-half bathroom units. The property features a lush courtyard with new landscaping, brand new roof, ample parking, and an on-site laundry facility.

Located at the intersection of Hazeltine Avenue and Roscoe Boulevard, the property is just a few blocks from the Walmart-anchored Panorama Mall. The Van Nuys Plant shopping center, including Home Depot, Living Spaces, Starbucks, Gap, Chipotle, In-n-Out Burger, and a 16-screen movie theater is less than a mile from the building. Tenants are less than two miles from the 405 Freeway, while also less than five miles from the 5, 118, and 170 Freeways.

Highlights
  • Excellent Unit Mix
  • Tremendous Rental Upside
  • On-Site Laundry Facility
  • Brand New Roof with Warranty
Documents
Title
Offering_Brochure.pdf
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Location
Gallery