210 S Commonwealth Ave 24BR Mid Wilshire La


Property

Website:https://www.nestseekers.com/5306407
Address:
210 S Commonwealth Ave
LOS ANGELES, CA 90004
Ownership: For Sale
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.

Contact

271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Ivy Realty Co.

210  S Commonwealth Ave LOS ANGELES CA 90004 USA