Multi Family homes for sale & real estate in 90011, CA

Multi Family Home for sale in 90011, CA:

8.30% Current Cap Rate!! 626 E 51st St presents an attractive opportunity to acquire a 5-unit multifamily investment property in Los Angeles, offered at $850,000. The property delivers a compelling 8.30% current cap rate and 7.38 GRM, with pro forma rents indicating an 18.84% increase in scheduled income and meaningful potential for enhanced returns. Built in 1911, the property encompasses approximately 3,265 SF of building area on a 4,680 SF lot, equating to approximately $260/SF. The unit mix consists of (1) 1 Bed/1 Bath, (3) 2 Bed/1 Bath, and (1) 3 Bed/1 Bath units, complemented by 4 on-site parking spaces. Ideally situated in Los Angeles, CA 90011, the property benefits from proximity

Multi Family Home for sale in 90011, CA:

Huge ~275k Price Reduction! 6-unit value-add building with 12 parking spaces priced at only $170k/unit and cash flowing at a 6.75% Cap Rate from day 1 with upside to an 11% Cap on Proforma! Fully Approved RTI plans to add 6 detached ADUs to achieve an incredible 12.7% Current Cap Rate, 15.5% Proforma Cap, and only $141k/unit after taking into account all the construction costs (~670k assuming $250/SF). 3 units have been renovated and boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, newer roof, new windows for all units, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Prime location ju

Multi Family Home for sale in 90011, CA:

We are pleased to present 1432 E 25th St, a brand new construction multifamily opportunity situated on the southern doorstep of Downtown Los Angeles in the Central-Alameda neighborhood. Expected to deliver by Q4, the building will consist of 55 units with an efficient mix of 6 studios and 49 one-bedroom units, purpose-built for the workforce renter. The asset is being delivered below replacement cost and at a basis comparable to what vintage RSO product is currently trading for in the submarket, giving portfolio operators a rare opportunity to upgrade their vintage portfolio into brand new construction. The property will be delivered vacant at close of escrow, providing investors complete o

Multi Family Home for sale in 90011, CA:

Two story duplex in the heart of Los Angeles. units are 554 and 554 1/2 36th Street. Rents are $2,000 and $1,400. Rents have not been raised in may years. Upside potential.