Max Berger
This listing was posted on RealtyWW.
$2,400,000
Home For Sale In Los Angeles, California
Price:
$2,400,000
BR/BA:
10+ BA
Location:
4754 Oakwood Ave, Los Angeles, CA
Description:
Located 1 mile from Larchmont Blvd. and Melrose Ave, 4754 Oakwood is a 16-unit property offered at $150, 000 PPU and 10.62 GRM on current rents. This 16-unit value-add property is 1 mile east from the heart of Larchmont Blvd. This elegant tree-lined commercial hub is home to many beloved boutiques, bustling cafes, and iconic eateries. Notable tenants include Go Get Em Tiger, Groundwork Coffee, Levain Bakery, Salt and Straw, the Larchmont Wine and Cheese store, and more. In addition, the property is located just north of Beverly Blvd, and offers proximity to Hollywood, Koretown, and Hancock Park. Built in 1941, 4754 Oakwood features (16) bachelor units that average approx. 400 SF each. Each bachelor features a coat closet, plenty of cabinet space, wood-laminate flooring, and large picture windows that allow abundant natural light. The property is offered at 10.62 GRM and 5.73% CAP on current rents, with 2 VACANT UNITS and approx. 44% rental upside. By achieving market rents, 4754 Oakwood will stabilize at a 9.43% CAP and 7.53 GRM.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i72216514
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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 Bathroom, 10+ BA, 16 Bathroom Single-Family Homes for Sale at 4754 Oakwood Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 4754 Oakwood Ave by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 16 Bathroom Single-Family Homes for Sale in Los Angeles CA.
Home For Sale In Los Angeles, California is a 10 Bathroom, 10+ BA, 16 Bathroom Single-Family Homes for Sale at 4754 Oakwood Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 4754 Oakwood Ave by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 16 Bathroom Single-Family Homes for Sale in Los Angeles CA.