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$ 2,650,000
Est. payment | /mo
6 Beds
3 Baths
$ 2,650,000
Est. payment | /mo
6 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25188209
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Description
602 W 75th is a 16 unit apartment building in South LA, south of Florence, between Vermont and the 110 Freeway. The subject property offer an investor a great unit mix consisting of (11) 1 Bed/1 Bath, (4) 2 Bed/1 Bath, and (1) 3 Bed/1 Bath units. There is excellent day 1 cash flow being offered at a 9.16% cap rate and 6.66 GRM. The total gross leasable area of the building is 10,032 square feet and sits on a 7,002 square foot lot zoned LAR3. The two story, center hallway apartment building is wood frame stucco construction and the units are subject to LARSO. The front of the property offers a private landscaped space secured with a front gate.
Location
State CA
County Los Angeles
Zoning Assessor
Direction south of Florence, between Vermont and the 110 Freeway
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 6020021005
Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc.
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