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

4,642 sqft

Lot size

6,400 sqft

Year built

1952

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

7

MLS #

247229384

About this property

Prime Beverly Hills-Adjacent Investment Opportunity! This well-located six-unit apartment building at 1048 S Corning St in Los Angeles offers an excellent opportunity for investors seeking a multifamily property in a highly desirable Pico-Robertson location. The property features six apartment units, with five currently occupied, providing existing rental income while leaving potential for additional upside. Ideally situated just minutes from Beverly Hills, the property offers convenient access to shopping, dining, entertainment, employment centers, major thoroughfares, and numerous amenities throughout the Westside. With its six-unit configuration and desirable location, this property presents an opportunity to add a multifamily asset to an investment portfolio. Buyer to verify all property details, unit mix, rents, expenses, zoning, permits, and potential uses independently.

Location

1048 S Corning Street

Los Angeles, Los Angeles, CA, 90035