1915 S Central Avenue
Los Angeles, CA 90011
0.12 acres | #SB25011289
Description
Discover this rare investment opportunity in the heart of Historic South Central Los Angeles, featuring 22 studio units and 2 commercial spaces.
With a remarkably low cost of just $78,125 per unit, this property presents exceptional value. Offering a total of 7,400 SF of building
space on a 5,150 SF lot, it boasts a solid 6.04% current CAP rate with incredible upside potential, including an 12.83% market CAP and a 4.96
market GRM. Conveniently located near the 110 and 10 Freeways, USC, and the vibrant DTLA Arts District, this property’s prime location enhances its tenant appeal. With its strong rental upside and unmatched price per unit, this is an outstanding opportunity to invest in a high-demand, rapidly growing area!
Property Details
- Lot DescriptionTwoToFiveUnitsAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,875,000
- MLS #SB25011289
- MLS #SB25011289
- Property SubtypeMixedUse
- Cost1875000
- Acres0.1182
- Utility SourcePublic
- Year Built1905
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Brett Lyon (#SBLYONBRE)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#sb1310620)
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