602 W 75th Street, Los Angeles, CA 90044 - MLS#SB25188209

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,650,000

Est. payment | -/mo

6 Beds

3 Baths

Save

$ 2,650,000

Est. payment | -/mo

Save

6 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25188209

Bedrooms 6

Property Sub-Type Res Income 2-4 Units

Property Description

602 W 75th is a 16 unit apartment building in South LA, south of Florence, between Vermont and the 110 Freeway. The subject property offer an investor a great unit mix consisting of (11) 1 Bed/1 Bath, (4) 2 Bed/1 Bath, and (1) 3 Bed/1 Bath units. There is excellent day 1 cash flow being offered at a 9.16% cap rate and 6.66 GRM. The total gross leasable area of the building is 10,032 square feet and sits on a 7,002 square foot lot zoned LAR3. The two story, center hallway apartment building is wood frame stucco construction and the units are subject to LARSO. The front of the property offers a private landscaped space secured with a front gate.

Location

State CA

County Los Angeles

Zoning Assessor

Direction south of Florence, between Vermont and the 110 Freeway

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 6020021005

Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc.

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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602 W 75th Street Los Angeles, CA 90044