917 N. Madison

  • $3,000,000
Sold Los Angeles, Virgil Village
917 N. Madison Ave., Los Angeles, CA 90029
  • Multifamily
  • Property Type
  • 12
  • Number of Units
  • 5.78
  • Cap Rate
  • 14.32
  • GRM
  • $250,000
  • Price/Unit
Sold
917 N. Madison Ave., Los Angeles, CA 90029
  • $3,000,000

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 917 N. Madison Ave
  • City Los Angeles
  • State/county California
  • Zip/Postal Code 90029
  • Area Virgil Village

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