Listed by Kristina Moore Properties
$1,425,000
808 W 163rd
Details
APN 6120018039
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,290
Units 7
NOI $83,853
Price per SqFt $456
Year Built 1956
Buildings 2
Stories 2
Acreage 0.158
Zoning Assessor
Parking Spaces 3 spaces
Parking Per SqFt 0.91
Multifamily | 7 Units
Marketing description
This prime 6-unit multifamily property consists entirely of 6- one-bedroom/ one-bathroom units and one ADU consisting of 400 additional Sq. Ft. , offering a highly desirable and strong rental market. The property is individually metered for gas and electricity & with separate hot water heaters helping keep expenses down for owners. Tenants pay utilities. 3 parking spaces in back of property plus tons of street parking. Situated near the 405 and 110 freeways, this asset benefits from excellent commuter access and strong tenant demand. The building presents significant upside potential through rental growth and possible remodels, making it an ideal acquisition for an investor seeking a value add opportunity. A rare opportunity to acquire a well positioned multifamily asset in a strong rental market!
Listing Contacts
Listed by Kristina Moore Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$83,853.00
$6,987.75/mo
Valuation Metrics
0
DSCR
5.88%
Cap Rate
5.88%
ROI
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