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733 Bernard St, Los Angeles, CA 90012

733 Bernard St, Los Angeles, CA 90012
$1,975,000

Description

Great opportunity to own a Non Rent Controlled, ‘85 Construction property at 733 Bernard St., Los Angeles. This Echo Park adjacent 6-Unit asset is located only one block away from Dodgers Stadium! Bernard St. has a very strong unit mix, being comprised of all 2-bedroom/2-bath units. There is plenty of tuck under parking on the property, enough space to fit over 10 cars. Units feature dishwashers and Central A/C & Heat, and copper plumbing. Rents are currently 31% below market, allowing for a proforma 5.83% Cap and 12.18 GRM. Property is separately metered for gas and electric. Do not miss out on a great opportunity to own a Non Rent Controlled, ’85 Construction asset in Los Angeles.

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

Detail

Updated on September 15, 2020 at 4:07 pm

  • Price: $1,975,000
  • List Date: 6/02/2020
  • Property Size: 4,754 Sq Ft
  • Land Area: 6,264 Sq Ft
  • Year Built: 1985
  • Property Type: Multifamily
  • Property Status: Active
  • Numbers of Units: 6
  • NOI: $71,574
  • Price per Unit: $350,000

Contact info

Cameron Samimi
Cameron Samimi
(310) 880-3855 (310) 259-7556
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