1628 W 45th Street, Los Angeles, CA 90062

$1,699,000
4
BD
16
BA
8,820
SqFt

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Listing courtesy of Listing Agent: George Morales (georgemorales@compass.com) from Listing Office: Compass.

List Price
$1,699,000
Status
ACTIVE UNDER CONTRACT
Days on Market
144
Price Change
▼ $251,000 1781240789
MLS#
26665941
Subtype
Residential Income
Year Built
1927
Bedrooms
4
Bathrooms
16
Living Area
8,820
Lot Size
5,613
Acres
0.13
MLS Area Major
Los Angeles Southwest (C34)

Property Description

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.

Additional Information

Zoning
LAR1
Heating
Wall Furnace
Stories
Two Levels
Levels
Two
Parking Features
None

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.