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

Bedrooms

6

Building size

4,456 sqft

Lot size

7,120 sqft

Year built

1951

Stories

2

Garage spaces

6

Heating

Electric,Baseboard

Status

Active

Days on market

53

MLS #

246513451

About this property

5202 Knowlton Street presents a compelling opportunity to acquire a six-unit multifamily asset in the highly desirable Westchester neighborhood of Los Angeles. Offered at $1,550,000, the property generates a strong 5.98% cap rate and 9.89 GRM. The property features a desirable unit mix of four two-bedroom, one-bath units and two one-bedroom, one-bath units. It will be delivered with THREE VACANT UNITS 2 two-bedroom, one-bath units and 1 one-bedroom, one-bath unit giving a new owner the immediate opportunity to renovate and lease them at market rents. The property also includes detached garages that may offer potential for ADU conversions, subject to buyer verification. Ideally located near LAX, Playa Vista, and Silicon Beach, 5202 Knowlton Street offers strong in-place cash flow, and immediate value-add potential.

Location

5202 Knowlton Street

Los Angeles, Los Angeles, CA, 90045