7 Unit Apartment Building - Non Rent Control
$2,250,000
735 E Laconia Blvd, Los Angeles, CA 90044
For Sale
Multifamily
Garden Low Rise
Active
Last Updated: 12/07/2021
4.02
Cap Rate
90,541
NOI
Details:
Cap Rate: 4.02%
NOI: $90,541
Lot Area: 10,823 sqft
Units: 7
GRM: 15.36
Year Built: 1992
Price Per Sqft: $434.03
Floors: 2
Description:
The property is a non rent controlled, 1992 construction of a 7-Unit apartment building located within a great rental pocket. All 2 bed 1 bath units, 13 parking spaces (rented) and onsite laundry. Stabilized income stream with long term upside.
Most major components of building have been modernized copper piping, upgraded electrical to 60 amp, new roof, pervious pavers, artificial landscape, dual pane windows, HVAC systems, fully enclosed property with gated entry and state of the art security camera system
Documents:
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Offering Memorandum
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Location
Gallery
