4024 Nicolet Avenue
Los Angeles, CA 90008
17034 sqft | 27 beds | 0.36 acres | #24437499
Description
DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer the opportunity to acquire 4024 Nicolet Avenue, a 20-unit apartment community located in Baldwin Village. Situated on a 15,633 square foot parcel, the property is comprised of 13 one-bedroom units and seven two-bedroom units. The property has more than 20% upside in rental income that can be captured through renovating remaining unit interiors. Moreover, the mandatory soft-story retrofit wok has already been completed saving a new investor substantially in capital and time. 4024 Nicolet Avenue provides investors a compelling buying opportunity to acquire a value-add opportunity with a healthy in-place income stream, located in a rapidly gentrifying neighborhood.
Interior Details
- Bedrooms27
Property Details
- Stories2
Measurements
- Acres0.3588
- Square Feet17034
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1958
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$3,950,000
Other
- MLS #24437499
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Sean Rosenzweig (#CLW-C107850)
Listing Office: Marcus & Millichap (#CLW-X7515101)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
