Eliza Kerndian
This listing was posted on Eliza Kerndian (via ListedBuy).
$1,587,000
254 East Lanzit Avenue, Los Angeles, CA 90061
Price:
$1,587,000
BR/BA:
10+ BR, 5 BA
Location:
254 East Lanzit Avenue, Los Angeles, CA
Description:
Excellent Cash Flowing Opportunity, Built-in 1991! Fantastic unit mix of 5 X 3 bedroom units. Unit #1 is a townhome style with 2 floors, fully occupied, Actual Gross Operating income $158,700, GRM 10 & Cap rate of 7 % with additional 30 % saleal upside per section 8 chart rate of $3465 for 3 bedroom units. There is a Laundry room on site which has not been operating for additional income, Each unit individually metered, Property offers Large lot size of 10,512 +/- Sq. Ft. with 10 tandem parking spaces as well as common area space in the rear of the property, which can be utilized for 2 ADU UNITS Development. This property offers it all together, Great cash on cash return, Saleal Upside, and Value add all in one. Immediate sale increase as soon as moratorium ends. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
5,600 sq. ft.
Amenities:
Parking
For sale by:
Agent/Broker
Agent Name:
Eliza Kerndian
Posted:
July 21 2023 on ListedBuy
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More About this Listing: 254 East Lanzit Avenue, Los Angeles, CA 90061
254 East Lanzit Avenue, Los Angeles, CA 90061 is a 10+ BR 5.5 Bath Multi-Family Real Estate for Sale at 254 East Lanzit Avenue in Los Angeles CA. Find other listings like 254 East Lanzit Avenue, Los Angeles, CA 90061 and listings near 254 East Lanzit Avenue by searching Oodle Classifieds for 10+ BR 5.5 Bath Multi-Family Real Estate for Sale in Los Angeles CA.
254 East Lanzit Avenue, Los Angeles, CA 90061 is a 10+ BR 5.5 Bath Multi-Family Real Estate for Sale at 254 East Lanzit Avenue in Los Angeles CA. Find other listings like 254 East Lanzit Avenue, Los Angeles, CA 90061 and listings near 254 East Lanzit Avenue by searching Oodle Classifieds for 10+ BR 5.5 Bath Multi-Family Real Estate for Sale in Los Angeles CA.