2020 W 35th St, Los Angeles, CA 90018

2020 W 35th St, Los Angeles, CA 90018

Los Angeles, CA

Property Description

We are pleased to present 2020 W 35th St, a great 4-unit opportunity located in Jefferson Park! This large 4-unit building has a great unit mix consisting of all 2 Bedroom/ 1 Bath units and has 4 parking spots in the rear. 2020 W 35thSt is a 3,192sq ft building sitting on a 6,995 sq ft lot. The subject property will be delivered with one vacancy (possibly two) which makes this the perfect opportunity to achieve market rents. Please feel free to call us at any time if you have any further questions.
Investment Overview:</strong>
<li>Two-Story 4-unit apartment complex located in Jefferson Park</li>
<li>Great unit mix, all 2 bed / 1 bath units</li>
<li>(4) On-site parking spaces in the rear</li>
<li>One unit will be delivered vacant, possibility of being delivered with two vacancies</li>
<li>Market CAP: 7.78%</li>
<li>Market GRM: 9.85</li>

Property Features

  • Sale Price: $865,000
  • Area Size: 3,192 SF
  • Land Area: 6,995 SF
  • Year Built: 1945
  • Closing Date: 7/30/19
  • Units: 4
  • Current GRM: 16.05
  • Current Cap Rate: 4%
  • Price Per Unit: $237,500
  • Market GRM: 9.85
  • Market Cap Rate: 7.78%

Lyon Stahl Investment Real Estate

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