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Commercial Property — 1628 W 45th Street, Los Angeles, CA

$1,699,000

1628 W 45th Street, Los Angeles, CA

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About this property

16-UNITS IN VERMONT SQUARE| $121K per door | 7.28% CAP | 3 VACANT UNITS | Rare opportunity to acquire 1628 W. 45th Street, a 16-unit apartment building in the highly sought after Vermont Square neighborhood. Offered at $1,950,000 ($121K per door, ~$199/SF) with strong in-place income and immediate upside through 3 vacant units and rental repositioning. Well-located near Western & Vernon with close proximity to Exposition Park, Leimert Park, and the Crenshaw corridor. Features on-site laundry hookups.

Property details

Square feet
8,820
Year built
1927
Property type
CommercialSale

Location

1628 W 45th Street • Los Angeles, CA 90062

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Listed by

George Morales · Compass