5202 Knowlton Street, Los Angeles, CA 90045
- $1,550,000
- 10
- BD
- 6
- BA
- 4,456
- SqFt
Listing courtesy of Listing Agent: David Saghian (dsaghian@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
- List Price
- $1,550,000
- Status
- ACTIVE
- Days on Market
- 14
- MLS#
- 26907307
- Subtype
- Residential Income
- Year Built
- 1951
- Bedrooms
- 10
- Bathrooms
- 6
- Living Area
- 4,456
- Lot Size
- 7,120
- Acres
- 0.16
- MLS Area Major
- Westchester (C29)
Property Description
5202 Knowlton Street presents a compelling opportunity to acquire a six-unit multifamily asset in the highly desirable Westchester neighborhood of Los Angeles. Offered at $1,550,000, the property generates a strong 5.98% cap rate and 9.89 GRM. The property features a desirable unit mix of four two-bedroom, one-bath units and two one-bedroom, one-bath units. It will be delivered with THREE VACANT UNITS 2 two-bedroom, one-bath units and 1 one-bedroom, one-bath unit giving a new owner the immediate opportunity to renovate and lease them at market rents. The property also includes detached garages that may offer potential for ADU conversions, subject to buyer verification. Ideally located near LAX, Playa Vista, and Silicon Beach, 5202 Knowlton Street offers strong in-place cash flow, and immediate value-add potential.
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Additional Information
- Zoning
- LAR3
- Appliances
- Refrigerator
- Heating
- Baseboard, Electric
- Stories
- Multi Level
- Levels
- Multi/Split
- Garage Spaces
- 6
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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.