9 Units | Lincoln Heights
Transaction Highlights
Investment Highlights
- Amazing Walk Score of 88 | Over 318,000 Total Population within a 3 Mile Radius | Walking Distance to Nearby Shops and Restaurants off Pasadena Ave and N Broadway
- Attractive Single Story Construction | The 2 Bedroom Units are Approx. 700 Sq.Ft. | The 3 Bedroom Unit is Approx. 980 Sq.Ft.
- Beautiful Spanish Style Villas | Single Story 2 & 3 Bedroom Units | Large 17,090 SF Lot
- Easy Access to the 5, 110, 101 & 10 Freeways | Short Commute to Downtown Los Angeles, Dodger Stadium and USC
- Many Capital Improvements done to Both the Interior and Exterior of the Property | Substantial Rental Upside Potential of +/- 47%
- Situated on an LAC4 & RD3 Zoning | Turn Key Opportunity with a 4.38% Cap Rate on Current Rents & Market Cap Rate of 7.11%