2524 5th

  • $1,025,000
Sold Los Angeles, West Adams
2524 5th Ave Los Angeles, CA 90018
  • Multifamily
  • Property Type
  • 4
  • Number of Units
  • 3.85
  • Cap Rate
  • 21.00
  • GRM
  • $256,250
  • Price/Unit

Overview

  • Multifamily
  • Property Type
  • 4
  • Number of Units
  • 3.85
  • Cap Rate
  • 21.00
  • GRM
  • $256,250
  • Price/Unit

Description

We are pleased to present a four-unit multifamily property located in Los Angeles, California.

Located at 2524 5th Avenue. The investment is also conveniently located near major freeways providing easy access throughout the city and or public transportation. This fourplex is currently 100% occupied by long term tenants. In addition, the property features on-site covered parking, manicured landscaping, and lovely curb appeal.

Built in 1922, this investment consists of a wonderful unit mix of (4) 2bedroom / 1 bathroom units that is ideal for family housing. This property offers potential investors a rent controlled building in Los Angeles County that has a true value add opportunity.

Details

  • Property Type: Multifamily
  • Property Status: Sold
  • Property Size: 3,952 Sq Ft
  • Lot Size: 7,002 Sq Ft
  • Bedrooms: 8
  • Bathrooms: 4
  • Year Built: 1992
  • Price: $1,025,000
  • Number of Units: 4
  • Price/Unit: $256,250
  • GRM: 21.00
  • Price/SqFt: $259
  • CAP: 3.85
  • Address 2524 5th Ave
  • City Los Angeles
  • State/county California
  • Zip/Postal Code 90018
  • Area West Adams

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