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

5,807 sqft

Lot size

12,656 sqft

Year built

1905

Stories

0

Heating

Gravity

Cooling

None

Status

Active

Days on market

8

MLS #

247700706

About this property

Fantastic opportunity to acquire 915 E. 50th Street Apartments, a well-located multifamily property situated on a spacious 12,652-square-foot lot. The property includes six apartment units: three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and two 2-bedroom/1-bath townhome-style units. Each unit is separately metered and equipped with an individual water heater. The property also features 10 parking spaces and an on-site laundry facility owned by the property. One unit is currently vacant and rent-ready, providing an immediate opportunity for the new owner. The property also offers potential to develop detached ADUs using excess land, subject to verification and approval by the City of Los Angeles.

Location

915 E 50th Street

Los Angeles, Los Angeles, CA, 90011