Listed by ADW Management USA, Inc., Takeshi Kida
$2,350,000
6900 Knowlton Place
Details
APN 4103013015
Property Type Multifamily
Sub Type Apartment Building
Units 6
Cap Rate 4.45%
Buildings 1
Acreage 0.167
Zoning Public Rec
Multifamily | 4.45% CAP | 6 Units
Marketing description
Don't miss this R3 zoned corner lot opportunity in the sought after Westchester neighborhood! 6900 Knowlton Place is a 6-unit apartment community consisting of all two-bedroom one-bath units. The ownership is offering this residential asset to the market, providing investors with immediate cash flow and a clear path to value creation through operational improvements. Constructed in 1987, this 5,097 square foot community sits on a 7,288sq ft lot with landscaped grounds, a common area laundry room and a tandem parking lot allowing parking for 2 vehicles per unit. While all unit interiors are upgraded, some units also feature in-unit laundry and mini split AC systems. While there is a secured yard area that all tenants can enjoy, one unit also has it's own private yard. There are many exciting developments in the neighborhood such as high end condominiums and a variety of shops and restaurants just minutes away. The property location also allows for easy access to the 405, LAX, Silicon Beach, Culver City and entertainment attractions such as SoFi Stadium, Kia Forum, Intuit Dome and Hollywood Park Casino in Inglewood.
Listing Contacts
Listed by ADW Management USA, Inc., Takeshi Kida
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