House Los Angeles (United States)by annonceur international

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HouseLos Angeles (United States)
Price :
$3,825,000
Surface1,026 m²bedrooms19 bathrooms16

*** $125,000 price reduction **** 144 S. Avenue 55 is a well-maintained 16-unit courtyard-style property located 1 block south of Figueroa St, the commercial hub of Highland Park. Notable tenants of this lively hub include Highland Park Bowl, Go Get 'Em Tiger, Mendocino Farms, Highly Likely, Blind Barber and more. In addition, the property is approx. 2 miles from Occidental College, and could potentially be an off-campus student housing option. Built in 1961, this courtyard-style property features (3) 2-bdrm. units & (13) 1-bdrm. units. Please note, there is a VACANT 2-bdrm. unit. The property presents a substantial value-add opportunity with approx. 78% rental upside. At projected market rents, the property will stabilize at a 8.34% CAP and 9.01 GRM. 144 S. Avenue 55 can be purchased individually or in conjunction with a 10-unit property w/ approx. 60% rental upside, located 1 mile away (1223 N. Avenue 56). Please contact LA1 for more info.

Advertiser reference : 98564723Le Figaro Properties reference : 75975952

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House Los Angeles (United States)

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Los Angeles (United States)

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By Annonceur International

HouseLos Angeles (United States)
Price :
$3,825,000
Surface1,026 m²bedrooms19 bathrooms16

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House Los Angeles (United States)

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House with pool Los Angeles (United States)

House Los Angeles (United States)

House Los Angeles (United States)

House with pool Los Angeles (United States)

HouseLos Angeles (United States)Price : $3,825,000 USDEuro € EURAmerican Dollar ($ USD)British Pound (£ GBP)Surface1,026 m²bedrooms19 bathrooms16

Its assets

In detail

House Los Angeles (United States)

Visit this house

Contact an advisor

HouseLos Angeles (United States)
Price :
$3,825,000
Surface1,026 m²bedrooms19 bathrooms16