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Apartment at 6900 Knowlton Place
$2,098,000
6900 Knowlton Place
Los Angeles, Los Angeles, 90045
Apartment
Active · 84 days on market

Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type
Apartment
Bedrooms
6
Building size
5,097 sqft
Lot size
7,288 sqft
Year built
1987
Stories
2
Garage spaces
0
Heating
Wall Furnace
Pool
None
Status
Active
Days on market
84
MLS #
244901947

About this property

Don't miss this R3 zoned corner lot opportunity in the sought after Westchester neighborhood! 6900 Knowlton Place is a 6-unit apartment community consisting of all two-bedroom one-bath units. The ownership is offering this residential asset to the market, providing investors with immediate cash flow and a clear path to value creation through operational improvements. Constructed in 1987, this 5,097 square foot community sits on a 7,288sq ft lot with landscaped grounds, a common area laundry room and a tandem parking lot allowing parking for 2 vehicles per unit. While all unit interiors are upgraded, some units also feature in-unit laundry and mini split AC systems. While there is a secured yard area that all tenants can enjoy, one unit also has it's own private yard. There are many exciting developments in the neighborhood such as high end condominiums and a variety of shops and restaurants just minutes away. The property location also allows for easy access to the 405, LAX, Silicon Beach, Culver City and entertainment attractions such as SoFi Stadium, Kia Forum, Intuit Dome and Hollywood Park Casino in Inglewood.

Location

6900 Knowlton Place

Los Angeles, Los Angeles, CA, 90045

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

6900 Knowlton Pl, Los Angeles CA | Multifamily for Sale