210 S Commonwealth Ave 24BR Mid Wilshire La
| Website: | https://www.nestseekers.com/5306407 |
|---|---|
| Address: | 210 S Commonwealth Ave LOS ANGELES, CA 90004 |
| Ownership: | For Sale |
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| Bedrooms: | 24 BR |
| Bathrooms: | 14 |
| Area: | 7488 sq ft |
| Lot Size: | 0.2 Acres |
Financials
Price:$3,590,000
Description
210 S Commonwealth Ave & 941 S Gramercy PL, Los Angeles, To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! UNBEATABLE GRM 11.55!! Low Expenses & Easy Maintenance! This 14-unit apartment building is offered only in combination with 941 S Gramercy. Conveniently located close to Hollywood, Downtown LA, Larchmont, with access to the 110, 101, and 10 Fwy. Built in 1980, the property features ten (10) 2-bedroom, 1-bathroom units and four (4) 1-bedroom, 1-bathroom units. Most units have been upgraded and are in excellent condition. The building includes twenty (20) on-site gated parking spaces and an on-site laundry facility, with low operating expenses and easy maintenance. Rents are currently below market, offering strong upside potential. Current gross rental income: $25,900/month ($310,800 annually). Excellent long-term investment with stable cash flow and future growth potential. Sellers motivated.
271 North Canon Drive Beverly Hills, CA 90210 Phone: +1 310-280-8983 Fax: +1 310-362-0351 | |
| Listing Courtesy of Ivy Realty Co. | |