Listed by RS Commercial Real Estate
$1,725,000
731 IROLO ST LOS ANGELES CA 90005-2337
Details
APN 5094-003-016
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,131
Units 11
Cap Rate 6.20%
Occupancy 100%
Pro-Forma Cap Rate 10.50%
Price per SqFt $281
Class C
Year Built 1959
Lot Size (SqFt) 6,754
Zoning LAR3
Investment Type Stabilized
1/2 Block to Wilshire/Normandie Metro Station!
Marketing description
8 Units in Rare 90005 Mid-Wilshire coveted zip code! Across the street from the Wilshire & Normandie Subway Station, High Rise Offices, Restaurants, Shopping, Healthcare & Nightlife. Timeless Mid-Century Modern design with TWO: 2 Bed, 2 Bath & SIX: 1 Bed, 1 Bath Units all separately metered for gas & electricity. Amenities include 11 Off Street Car Port Parking Spaces, Onsite Laundry & Additional Storage. All Copper Plumbing, New Roof, Fresh Paint - 91 Walkability Score. High Demand Units!
Investment highlights
- OPPORTUNITY ZONE!
- Across the Street from the Wilshire Normandie Metro Station
- 91 Walk Score close to Work, Restaurants, Markets, Entertainment & Healthcare
- Turnkey Operation Professionally Managed
- All Copper Plumbing, New Roof, Fresh Paint
- 11 Off-Street Parking Spaces
- Great Unit Mix
Listing Contacts
Listed by RS Commercial Real Estate
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