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Listed by: Douglas Steinriede (818) 843-5200 DRE #00284936 | Dover Management Corp. (818) 843-5200
$4,250,000
15 Beds
- 14 Baths
10,147sqft
5810 San Vicente Blvd, Los Angeles, CA 90019
$4,250,000
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Multi Family
Built in 1958
$-- HOA
9,325 sqft lot
$419/sq.ft
Description
5810 San Vicente Boulevard, "The Wick", is a meticulously maintained fourteen-unit property comprised of (2) studios, (9) one bed-one bath, and (3) two bed-one bath units. Built in 1958, the property has had extensive capital improvements and renovations completed within the last 5 years, allowing new ownership to take advantage of a well stabilized, cash flowing asset. Improvements include 12/14 units remodeled, completed soft story retrofit, and new plumbing and electric. The Wick is priced at a 7.00% cap rate and 9.90 GRM with an upside to an 8.52% cap rate and upside to a 8.77 GRM at market rents. In addition, the property has eight parking spaces and storage that ca...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1958
HOA Fees
-
Finished Area
10,147 sqft
Lot Size
9,325 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26880445
MLS Status
Active
Days on Market
2
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