Presenting an exceptional investment opportunity in the heart of Mid City Los Angeles: two side-by-side 20-unit properties, totaling 40 studio units. Offering 15,176 SF of rentable space on a sprawling 14,281 SF lot, this property delivers a strong 5.06% current CAP rate with substantial upside potential, including a 8.63% market CAP and a 6.72 market GRM. The 34% rental upside makes this property a standout for value-add investors. Ideally situated right off Pico Blvd, it provides convenient access to the West Side and Downtown LA, ensuring high tenant demand in this central location. Don't miss this rare opportunity to acquire a prime asset in one of LA’s most central neighborhoods.
15,176 Sq Ft
0.3278 Private Acres Exterior Space
Apartment
Built in 1947
MLS/Listing ID SB25011258
40 Units
Listing Courtesy of LYON STAHL INVESTMENT REAL ESTATE, INC., BRETT LYON - 310-706-4066
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE