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Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
$ 1,875,000
Est. payment | /mo
7,400 SqFt
$ 1,875,000
Est. payment | /mo
7,400 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 7,400 sqft
Price per Sqft $253
MLS Listing ID CRSB25011289
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1905
Lot Size 5,150 Sqft
Property Sub-Type Other
Property Description
Discover this rare investment opportunity in the heart of Historic South Central Los Angeles, featuring 22 studio units and 2 commercial spaces. With a remarkably low cost of just $78,125 per unit, this property presents exceptional value. Offering a total of 7,400 SF of building space on a 5,150 SF lot, it boasts a solid 6.04% current CAP rate with incredible upside potential, including an 12.83% market CAP and a 4.96 market GRM. Conveniently located near the 110 and 10 Freeways, USC, and the vibrant DTLA Arts District, this property’s prime location enhances its tenant appeal. With its strong rental upside and unmatched price per unit, this is an outstanding opportunity to invest in a high-demand, rapidly growing area!
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Building
Water Public
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