1915 South Central Avenue 1915 South Central Avenue Los Angeles, California 90011 United States
$1,875,000
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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....
- 486 m²
- Exterior
- Residential Income
- Property type
- 1905
- Year Built
- SB25011289
- Web Id
- SB25011289
- MLS ID
- 96
- days ago
This Property is Currently Contract Pending
About 1915 South Central Avenue
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 buildingspace 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 4.96market GRM. Conveniently located near the 110 and 10 Freeways, USC, and the vibrant DTLA Arts District, this propertys 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!
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Email/Phone : 3107801899
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Email/Phone : 3107801899
features
- Additional Listing Type
- In Contract
PROPERTY INFORMATION
- Community Info
- Biking
- Garage Info
- 0
- Sewer
- PublicSewer
- Water
- Public
EXTERIOR
- Lot Description
- TwoToFiveUnitsAcre
ADDITIONAL INFORMATION
- Number of Units
- 24
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Email/Phone : 3107801899
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