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$1,699,000
Est. payment /mo
4 Beds
16 Baths
8,820 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 8,820 sqft
Price per Sqft $192
MLS Listing ID 26666033
Bedrooms 4
Year Built 1927
Lot Size 5,613 Sqft
Acres 0.1289
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.
Location
State CA
County Los Angeles
Area Los Angeles Southwest
Zoning LAR1
Others
Special Listing Condition Standard
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Listed by Compass
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