$1,405,000
Closed

234 W 39th Street

Los Angeles, CA 90037
0.18 acres | #SB23084029
Listing OfficeLyon Stahl Investment Real Estate, Inc.
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

This 8-unit property offers a unit mix of (6) 1-Bed/1-Bath, (1) 2-Bed/1.5-Bath, and (1) 2-Bed/1-Bath across three buildings totaling 7,821 SF at $266.87/SF. With a current CAP of 5.77% and a GRM of 11.27, the property offers huge upside potential with a market CAP of 9.51% and a market GRM of 7.81. Located just half a mile from The Coliseum and USC Campus in South LA, this property is ideally situated for a yield-focused investor looking for a profitable opportunity in a growing area.

Location

Susannah HogentoglerReal Estate Group
OR