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Listed by: Glenn Brander (310) 428-4116 DRE #01020228 | Miller & Desatnik Realty Co. (310) 202-9166
$2,425,000
17 Beds
- 14 Baths
10,498sqft
6036 Cadillac Ave, Los Angeles, CA 90034
$2,425,000
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Multi Family
Built in 1955
$-- HOA
12,164 sqft lot
$231/sq.ft
Description
6036 Cadillac Avenue Residences, a14-unit multifamily investment opportunity located on the western edge of Mid-City, Los Angeles. The property features a diverse mix of (4) two-bedroom/one-bath units, (9) one bedroom/one-bath units, and (1) studio unit, catering to a wide range of tenants. The subject property provides the astute investor with an opportunity to acquire this asset at are markably low $231 per building square foot & $173,214 per unit respectively.Additionally, there is massive rental upside, well over 50%, providing a compelling value-add opportunity to increase cash flow and substantially increase overall asset value. The building is separately metered fo...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1955
HOA Fees
-
Finished Area
10,498 sqft
Lot Size
12,164 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26692301
MLS Status
Pending
Days on Market
50
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