Sold 917 N. Madison Ave., Los Angeles, CA 90029
Overview
- Multifamily
- Property Type
- 12
- Number of Units
- 5.78
- Cap Rate
- 14.32
- GRM
- $250,000
- Price/Unit
Description
The Madison Townhouse Apartments consist of 12 large two story 1 bedroom 1 bath townhouse style units. 7/12 units in the building have been fully remodeled with high-end modern finishes, vaulted ceilings, air conditioning and washer/dryer in unit.
One unit will be delivered vacant. On site parking. Huge upside in rents, several units over 50% below market rent.
Details
- Property Type: Multifamily
- Property Status: Sold
- Property Size: 7,468 Sq Ft
- Lot Size: 7,750 Sq Ft
- Bedrooms: 12
- Bathrooms: 12
- Year Built: 1952
- Price: $3,000,000
- Number of Units: 12
- Price/Unit: $250,000
- GRM: 14.32
- Price/SqFt: $402
- CAP: 5.78
Address
Open on Google Maps- Address 917 N. Madison Ave
- City Los Angeles
- State/county California
- Zip/Postal Code 90029
- Area Virgil Village
