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1400 Exposition Blvd, Los Angeles, CA 90018

$1,300,000

Description

Stephen Takahashi and Kyle Woods are pleased to present 1400 Exposition Blvd! This large 4-unit building is situated in a great location of Los Angeles just minutes away from USC and less than a five-minute walk from the Western / Expo line which runs to the Westside and Downtown. Each unit is roughly 1,000 sq ft and contains all 3 bedroom / 1 bath units. Each unit comes with one covered carport space which is located in the rear of the building.

1400 Exposition Blvd is a 3,996 sq ft building sitting on a 6,002 sq ft lot. Given the property’s exceptional location and high cash flow, this 4-unit property is a fantastic opportunity.

 

Investment Highlights:
● Very large 3 bedroom units, roughly 1,000 square feet a unit
● Steps away from the Expo / Western Station
● Close proximity to USC and Downtown
● Operating at above a 6% cap rate and 11 GRM

Address

  • City: Los Angeles
  • State/county: CA
  • Country: United States

Detail

Updated on October 31, 2018 at 9:40 pm

  • Price: $1,300,000
  • List Date: 10/29/18
  • Property Size: 3,996 Sq Ft
  • Land Area: 6,002 Sq Ft
  • Garage Size: 4
  • Year Built: 1963
  • Property Type: Multifamily
  • Property Status: Active
  • Numbers of Units: 4
  • NOI: $81,583.40
  • GRM: 11.52
  • CAP RATE: 6.28%
  • Price per Unit: $325,000

Contact info

Stephen Takahashi
Stephen Takahashi
(310) 890-5270(310) 403-9145
Linkedin
Kyle Woods
Kyle Woods
(310) 491-7916(805) 208-5266
Linkedin

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