Courtesy of: Sebastian Lopez, The Ave, joshua@theave.agency
Courtesy of: Sebastian Lopez, The Ave, joshua@theave.agency
$1,525,000
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9 bed
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7.00 Bath (7 Full)
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Lot: 0.21 Acres
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Apartment
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$1,525,000
925 W 84th 7-Unit Multifamily Investment Opportunity | Large Lot | Unit Mix of (One) 3-Bedroom/1-Bathroom Unit & (Six) 1-Bedroom/1-Bathroom Units | 4 of 7 Units Currently Vacant, Offering Significant Lease-Up & Value-Add Potential | Approximately $14, 400/Month & $172, 800/Year in Pro-Forma Gross Rental Income | 6.60% Pro-Forma Cap Rate | 8.82 Pro-Forma GRM | Approximately $217, 857 Per Unit | 3 Units Currently Occupied & 4 Units Vacant | Significant Opportunity to Renovate, Lease Up & Stabilize the Property | Located in an Area Experiencing Continued Investment and New Development, Including The SEED School of Los Angeles County, South LA Cafe and Other Nearby Projects | Convenient Access to Major Transportation, Employment Centers, Schools, Retail & Amenities | Attractive Value-Add Opportunity for Investors Seeking Rental Upside and Long-Term Potential!
Courtesy of: Sebastian Lopez, The Ave, joshua@theave.agency
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