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

7

Building size

4,145 sqft

Lot size

6,002 sqft

Year built

1988

Stories

1

Garage spaces

0

Pool

None

View

None

Status

Active

Days on market

1

MLS #

245975744

About this property

Prime Investment Opportunity: Turnkey 7-units (consisting of six 1-bedroom/1-bathroom units and one 2-bedroom/2-bathroom unit) exempt from local RSO with good upside rent potential and good Cap rate; Boasting exceptional natural light throughout every unit, this pride-of-ownership asset features a highly stable tenant base and substantial recent updates. Capital improvements since 2018 include new roof, new exterior/interior paint, dual-pane energy-efficient windows, updated kitchens and baths in most units, water heaters. Tenants enjoy secure gated entry, security cameras, and ample covered off-street parking. Unbeatable, highly walkable location just steps from the Vermont/Beverly Metro Station, major dining, and everyday conveniences. High-yielding, low-maintenance portfolio addition—PLEASE DO NOT DISTURB TENANTS.

Location

149 N Alexandria

Los Angeles, Los Angeles, CA, 90004