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1116 -1120 E 69th Street, Los Angeles, CA 90001

Commercial property

1116 -1120 E 69th Street, Los Angeles, CA 90001 Sold June 2024 CRMLS
$1,080,000Sold June 2024

Listing Agent: George Morales (DRE #01984555) · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Camyar Shoham · Keller Williams Beverly Hills · MLS #24390901 · Source: CRMLS

4,639
Building Sq Ft
3
Units
3.75%
Cap Rate
$41,010
NOI
10,689 sqft
Lot Size
1925
Year Built
LCR3*
Zoning
Commercial property
Type

About this commercial property

Exceptional value-add multifamily property with very attractive upside potential. Less than $100k per door. All 11 units are presently in excellent condition, each equipped with its own heating unit. The units boast either tile or laminate flooring. Every occupied unit comes furnished with stoves, refrigerators, and kitchen cabinets, except for the unoccupied units which do not have appliances. Each unit contains ample built-in closets, and certain units even have two separate entrances. The property features a gated entrance leading to a parking area with designated spots for resident parking. Don't miss this opportunity. This will go fast!!!

Listing description from the June 2024 sale, as reported to CRMLS.

Sale history

$1,080,000
Sold June 2024 · listed $1,095,000, on market May 2024 · MLS #24390901 · Source: CRMLS
Listing Agent: George Morales · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Camyar Shoham · Keller Williams Beverly Hills
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