Max Berger
This listing was posted on RealtyWW.
$1,300,000
Home For Sale In Los Angeles, California
Price:
$1,300,000
BR/BA:
10+ BR, 6 BA
Location:
1850 E 71st St, Los Angeles, CA
Description:
1850 E. 71st St is a 5-unit value-add property offered at a 6.45% CAP and 10.09 GRM on current rents. The property consists of (1) 3-bdrm. and 2-bath unit, (3) 2-bdrm. units and (1) 1-bdrm. unit that generate approx. $10, 737 in monthly gross income. 1850 E. 71st St. presents approx. 30% rental upside compared to renovated units in the area. The property will stabilize at a 9.26% CAP and 7.78 GRM by achieving market rents. Located just north of Florence Ave, this value-add opportunity is located 0.5 miles from Plaza La Alameda, a community center (opened in 2008) that is home to 220, 000 SF of retail space and 18, 000 Sf of office space. In addition, the property is located 1 mile east of Pacific Blvd, the commercial heart of Huntington Park. 1850 E. 71st Street can be purchased individually or as part of a 5-property South LA portfolio. Please contact LA1 for more information.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i72143193
Property Type:
Single-Family Houses
Posted:
May 23 on RealtyWW
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More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a 10+ BR 6.5 Bath Single-Family Homes for Sale at 1850 E 71st St in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 1850 E 71st St by searching Oodle Classifieds for 10+ BR 6.5 Bath Single-Family Homes for Sale in Los Angeles CA.
Home For Sale In Los Angeles, California is a 10+ BR 6.5 Bath Single-Family Homes for Sale at 1850 E 71st St in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 1850 E 71st St by searching Oodle Classifieds for 10+ BR 6.5 Bath Single-Family Homes for Sale in Los Angeles CA.