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$4,250,000

1817 BELOIT Avenue Los Angeles, CA 90025

Beds: 0
Baths: 0.00
Sq Ft: 0
Type: Residential Income
MLS#: 18383508
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Hi, Julaine Waggoner.

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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

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DescriptionInterior & Exterior Features

Interior Features Include:

No Information Available.

Exterior Features Include:

Acreage: 0.1800 Acres

Lot:
Square Feet 7923

Garage/Parking: Carport
Parking Carport

Other Features Include:

No Information Available.

This Listing is Presented By
CLW-X86373

Julaine Waggoner

REMAX College Park Realty

Cell: (562) 234-8888

Work: (562) 234-8888

Email: julaine1@msn.com

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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).
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