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Listing Details

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School Ratings & Info

Description

We are pleased to present an Attractive Investment Opportunity in East Los Angeles with a Mix of Studio, 1 and 2 Bedroom Units. Low Price Per Unit with 12.41 GRM and 4.66% Cap Rate on Current Rents! The Apartments are located in a Desirable Neighborhood which is Walking Distance to Whittier Blvd. Currently the Units are Professionally Managed & Maintained with Realistic Rental Upside Potential of +/- 43%. The Property is Surrounded Predominantly by Single Family Homes and is a Short Distanced to Shops and Restaurants on Atlantic Blvd and Whittier Blvd. The Cross Streets are Whittier Blvd and Verona St, just East of Atlantic Blvd.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T08:25:09.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
www.searchwithcompass.com/homes/116808399
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931 S Hillview Avenue Los Angeles (City), CA 90022

  • Price: $1,299,000
  • Status: Active
  • Updated: 47 min ago
  • ID#: 21727860
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Beds
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Baths
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½ Baths
0.11
Acres
1928
Built
County:
Los Angeles
Property Description
We are pleased to present an Attractive Investment Opportunity in East Los Angeles with a Mix of Studio, 1 and 2 Bedroom Units. Low Price Per Unit with 12.41 GRM and 4.66% Cap Rate on Current Rents! The Apartments are located in a Desirable Neighborhood which is Walking Distance to Whittier Blvd. Currently the Units are Professionally Managed & Maintained with Realistic Rental Upside Potential of +/- 43%. The Property is Surrounded Predominantly by Single Family Homes and is a Short Distanced to Shops and Restaurants on Atlantic Blvd and Whittier Blvd. The Cross Streets are Whittier Blvd and Verona St, just East of Atlantic Blvd.
Exterior Features

Parking Features Uncovered

Property Features

Gross Income 104676 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 60541 Senior Community YN No Special Listing Conditions Standard Zoning Lcr4yy

Listing provided courtesy of Shant Sherbetdjian of Remax Commercial And Investment Realty


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T08:25:09.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
 
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Brandon Hobbs Group | Compass
341 Bayside Drive
Newport Beach CA, 92660