6036 Cadillac Ave
LOS ANGELES, CA 90034

Property

Ownership: For Sale
Bedrooms: 17 BR
Bathrooms: 14
Area: 12164 sq ft
Lot Size: 0.3 Acres

Financials

Price:$2,425,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Miller & Desatnik Realty Co.

6036 Cadillac Ave 17BR La

Description

6036 Cadillac Avenue Residences, a14-unit multifamily investment opportunity located on the western edge of Mid-City, Los Angeles. The property features a diverse mix of (4) two-bedroom/one-bath units, (9) one bedroom/one-bath units, and (1) studio unit, catering to a wide range of tenants. The subject property provides the astute investor with an opportunity to acquire this asset at are markably low $231 per building square foot & $173,214 per unit respectively.Additionally, there is massive rental upside, well over 50%, providing a compelling value-add opportunity to increase cash flow and substantially increase overall asset value. The building is separately metered for gas and electricity, helping to minimize owner expenses,and features a pitched roof, contributing to its long-term durability and reduced maintenance considerations.Ideally situated in close proximity to a variety of shops, restaurants, and local amenities, the subject property benefits from strong rental demand driven by its strategic western edge of Mid-City location, with convenient access to surrounding Picfair Village, Beverlywood and Carthay Square neighborhoods, as well as nearby Culver City employment hubs and lifestyle attractions. 6036 Cadillac Avenue represents an excellent opportunity for investors seeking a well-located asset with substantial upside potential in one of Los Angeles' most dense rental markets.

CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.