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$2,079,000
Est. payment /mo
16 Beds
12 Baths
6,446 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,446 sqft
Price per Sqft $322
MLS Listing ID 26663623
Bedrooms 16
HOA Y/N No
Year Built 2020
Lot Size 8,533 Sqft
Property Description
We are pleased to present this new construction, 2020 year build 4-unit apartment community located at 816 W 47th St offered at a 12.74 GRM and 6.13% CAP on current rents with upside potential to achieve a 10.65 GRM and 7.39% CAP with proforma rents. This opportunity consists of two, two-story duplexes offering a total of 6,446 rentable square feet which sit on an 8,534 square foot LARD2 zoned lot with 6 onsite uncovered parking spaces in the rear. The unit mix consists of four (4) massive four bedroom three-bathroom units that average 1,611 square feet each. ALL UTILITIES are paid for by the tenants! Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LARD2
Interior
Fireplace No
Exterior
Parking Features Uncovered
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5018011054
Special Listing Condition Standard
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Listed by Casey Lins Kidder Mathews of California, Inc. #01902650
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