Listed by Northmarq
$3,200,000
11158 Massachusetts
Details
APN 4324035001
Property Type Multifamily
Sub Type Apartment Building
Units 14
Cap Rate 5.18%
Buildings 1
Acreage 0.161
Zoning Public Rec
Multifamily | 5.18% CAP | 14 Units
Marketing description
11158-11162 Massachusetts Ave is an apartment community constructed in 1955. The property totals 6,044 gross square footage and consists of (2) Efficiency/One-Bathroom units, (10) Studio/One-Bathroom units and (2) One-Bedroom/One-Bathroom units averaging 421 square feet per unit. The property has approximately 12 open parking spaces. Situated in the neighborhood of Westwood, a commercial and residential neighborhood thats bordered by Beverly Hills to the east and Century City on the southeast. Westwood was initially developed in 1919 by Arthur Letts, the founder of the Broadway and Bullock's department stores. Developed in 1929 by Janss Investment Company, Westwood Village is a shopping and commercial district in the heart of Westwood, home to cultural attractions like the Hammer Museum and Geffen Playhouse. The campus of the University of California, Los Angeles (UCLA) is just north of Westwood Village.
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Listed by Northmarq
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