$1,050,000
Active
20 Days Online
0 Beds0 Baths0 SQFT
Active
5700 S Van Ness Avenue Los Angeles, CA 90062
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Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 5700 Van Ness is a mostly Stabilized 5 unit apartment in Los Angeles County. Priced at a 9.86 GRM and 6.96% Current Cap rate, this asset is ideal for any investor looking for strong cash flow in a growing submarket of Los Angeles. The subject property boasts an excellent unit mix of (3) 1-Bed/1-Bath, (1) 3-Bed/1-Bath Units and (1) Studio, ideal for todays renters. At only $210k/Unit, this asset provides near a 7% cap rate day one and stabilizes at 11.35%. 5700 Van Ness is minutes from Windsor Hills, Leimert Park and Inglewood.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site20 Days
- MLS StatusActive
- MLS ID NumberSB24098417
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.1145 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 5700 S Van Ness Avenue Los Angeles, CA 90062
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General Features
- Terms CashConventionalExchange
Exterior Features
- Pool N/K
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