1817 BELOIT Avenue Los Angeles, CA 90025
The property is located in the heart of the super hip "Sawtelle Japantown", between Olympic Blvd and Santa Monica Blvd, known for its cool pedestrian vibe, dense collection of Japanese eateries and hipster cafes. This value-added opportunity is a 10 unit apartment consisting of 4 (large, full kitchen, studio style) units, 3 (1 bedroom) units, and 4 (2 bedroom + 2 bath) units, comprising 9526 SF per assessor (buyer to verify). All of the units have been renovated and feature recessed lights, granite counters, air conditioning, and are cable ready. Many units have real hardwood or bamboo floors. The asset is virtually turn-key. Savvy investors should be able to create outsized returns with clever optimization of unit configuration and rental terms. The ingoing CAP Rate and GRM are very competitive with established market norms. The upside opportunity is not only real, but reachable given all of the particulars of this asset's features, its location, and this submarket's turnover trends., Directions 1817 Beloit Ave. Los Angeles, CA 90025
Interior Features Include:No Information Available.
Exterior Features Include:
Acreage: 0.1800 Acres
Square Feet 7923
Other Features Include:No Information Available.
The information being provided by CARETS (CLAW, CRMLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
“Some Information may be provided by CRMLS, all rights reserved. Content is for the user's personal, non-commercial use and may not be used for any other purpose. Content is deemed accurate but not guaranteed.”