756 Isabel St, Los Angeles, CA 90065

756 Isabel St, Los Angeles, CA 90065

Los Angeles, CA
$1,130,000

Property Description

A great opportunity to own a 4 unit building with two of the units to be delivered vacant upon COE. The subject property is only 3 miles from Dodger Stadium, 4 miles from China Town and 5 miles from Downtown Los Angeles. The property consists of two stand-alone buildings. Building one is a two-story building that consists of two 2 bedroom 1 bathroom units. Both units have had complete interior remodels. The second building is a one-story building that consists of two 1 bedroom 1 bathroom units. One of the units has also had an interior renovation similar to the 2 bedroom 1 bathroom units. All four units are separately metered for water, electricity, and gas. Drive-by only, please do not disturb tenants. Look at the marketing package for more details.

Property Features

  • Sale Price: $1,130,000
  • Area Size: 2,211 SF
  • Land Area: 4,504 SF
  • Year Built: 1923
  • Listing Date: 9/9/2020
  • Closing Date: 11/17/2020
  • Units: 4
  • Current GRM: 14.71
  • Current Cap Rate: 4.93%
  • Price Per Unit: $300,000
  • Market GRM: 12.20
  • Market Cap Rate: 6.29%

Lyon Stahl Investment Real Estate

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