Alex Sacker
This listing was posted on RealtyWW.
$2,695,000
Home For Sale In Los Angeles, California
Price:
$2,695,000
BR/BA:
10+ BR, 8 BA
Location:
318 Columbia Ave, Los Angeles, CA
Description:
Huge 200k Price Reduction! Once in a lifetime 100% Fully Renovated 7-unit apartment building with permits cash flowing at an amazing 6.6% Cap Rate and 11.1 GRM from day 1! Additionally, there are nearly RTI plans to add 2 detached ADUs to achieve a remarkable 8.7% Cap Rate and 8.9 GRM on proforma. All 7 units have been completely remodeled from the studs with permits (2 Vacant) and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 4 (1bed/1bath) units, 2 (2bed/1bath) units, and 1 spacious brand-new (3bed/2bath) unit. Additionally, the major systems have been updated including electrical, plumbing, windows, etc. Individually Metered for Gas and Electricity. Large 7, 084 SF R3-1 Lot TOC Tier 2 with future development potential. Excellent Westlake location just steps away from the trendy Echo Park, FilipinoTown, DTLA, and Koreatown.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71939616
Property Type:
Single-Family Houses
Posted:
May 17 on RealtyWW
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More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a 10+ BR Eight Bath Single-Family Homes for Sale at 318 Columbia Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 318 Columbia Ave by searching Oodle Classifieds for 10+ BR Eight Bath Single-Family Homes for Sale in Los Angeles CA.
Home For Sale In Los Angeles, California is a 10+ BR Eight Bath Single-Family Homes for Sale at 318 Columbia Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 318 Columbia Ave by searching Oodle Classifieds for 10+ BR Eight Bath Single-Family Homes for Sale in Los Angeles CA.