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Listed by: Eric Sackler (310) 979-4990 DRE #01057377, Susan Lau DRE #01516710 | Coldwell Banker Realty (310) 820-6651
$1,700,000
7 Beds
- 6 Baths
4,480sqft
8536 Saturn St, Los Angeles, CA 90035
$1,700,000
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Multi Family
Built in 1956
$-- HOA
6,000 sqft lot
$379/sq.ft
Description
8536 Saturn Street presents a rare opportunity to acquire a six-unit multi-family asset in the highly desirable Pico-Robertson neighborhood of Los Angeles. Priced at $1,700,000, the property offers anattractive blend of immediate income and long-term value-add potential. Three units will be delivered vacant at close of escrow, allowing investors or owner-users to reposition the property and achievemarket rents quickly. Once vacant units stabilizes, the asset is projected to operate at an approximate 5.12% CAP rate and 11.70 GRM. Upside potential presents proforma CAP rate at 8.47% and 8.24 GRM! Originally built in 1956 and offered for the first time by the original build...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1956
HOA Fees
-
Finished Area
4,480 sqft
Lot Size
6,000 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25607103
MLS Status
Active
Days on Market
60
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