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211 N Avenue 63, Los Angeles, CA 90042

Property

211 N Avenue 63, Los Angeles, CA 90042 Sold September 2024 CRMLS
$1,340,000Sold September 2024

Listing Agent: Jonathan Weir (DRE #02038545) · Listing Office: Marcus & Millichap · Contact: 424-405-3900 · Bought with: Carlos Borraez · Keller Williams R. E. Services · MLS #24426670 · Source: CRMLS

4
Bedrooms
4
Bathrooms
2,768
Sq Ft
8,052 sqft
Lot Size
1922
Year Built
Property
Type
2
Stories
WallWindowUnits
Cooling
WallFurnace
Heating

About this property

We are pleased to present our newest exclusive listing in the trendy Highland Park neighborhood . The property is comprised of four units all 1bedroom/1bathroom units ( two which were built in 2008 and are loft style) . Those loft units are exempt from RSO rent control . The property boast a 91 Walkscore (Walkers Paradise) and is located only one block from Figueroa St, local bars, Starbucks, and more! The property is being offered at a 5.72% cap rate on entry rents and a 11.81 GRM. This investment is well suited for long term growth, upside in rents, and located in an extremely desirable Los Angeles neighborhood making it a perfect investment

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

Sale history

$1,340,000
Sold September 2024 · listed $1,250,000, on market August 2024 · MLS #24426670 · Source: CRMLS
Listing Agent: Jonathan Weir · Listing Office: Marcus & Millichap · Contact: 424-405-3900 · Bought with: Carlos Borraez · Keller Williams R. E. Services
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