906 Lakme Avenue, Los Angeles, CA 90744 For Sale

IN THE FINAL STAGES OF CONSTRUCTION 33 bedrooms/ 35 bath APARTMENT, TOWNHOUSE STYLE!!! WOW New Construction apartment building near the Port of Los Angeles in the final stages of construction! This property sits in the heart of Wilmington and bordered line with San Pedro and Harbor City. Conveniently close to major transits, this property is close to the 110 FWY, PCH, 47 HWY, and 710 FWY. Investors get to enjoy a nice cash flow off this asset with a pro-forma of $417,600 in annual gross rents. Amazing est. 6.5% CAP rate and a 11.4X GRM. Property has total of 33 bedrooms and 35 baths (all en-suites). The unit breakdown consists of: 7 units that 4/4, 1 unit that is 3/3, and 2 units that are 1/1s. This asset has all the modern touches in today’s market such as laminate flooring recessed lighting, central AC and heating, washroom, PAID OFF solar systems, and very low expenses for landlords. All units have separate utilities including water meters. Near retailers include Food-4-Less, El Super, Famous Isaac's Cafe, Mc Donals, WSS and many more. Come check it out before is gone!