Alex Sacker
This listing was posted on RealtyWW.
$2,695,000
Columbia Ave, Los Angeles, Home For Sale
Price:
$2,695,000
BR/BA:
10+ BR, 8 BA
Location:
318 Columbia Ave, Los Angeles, CA
Description:
Huge 200k Price Reduction! Once in a lifetime 100% Fully Renovated 7-unit apartment building with permits cash flowing at an amazing 6.6% Cap Rate and 11.1 GRM from day 1! Additionally, there are nearly RTI plans to add 2 detached ADUs to achieve a remarkable 8.7% Cap Rate and 8.9 GRM on proforma. All 7 units have been completely remodeled from the studs with permits (2 Vacant) and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 4 (1bed/1bath) units, 2 (2bed/1bath) units, and 1 spacious brand-new (3bed/2bath) unit. Additionally, the major systems have been updated including electrical, plumbing, windows, etc. Individually Metered for Gas and Electricity. Large 7, 084 SF R3-1 Lot TOC Tier 2 with future development potential. Excellent Westlake location just steps away from the trendy Echo Park, FilipinoTown, DTLA, and Koreatown.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i73443037
Property Type:
Single-Family Houses
Posted:
June 28 on RealtyWW
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More About this Listing: Columbia Ave, Los Angeles, Home For Sale
Columbia Ave, Los Angeles, Home For Sale is a 10+ BR Eight Bath Single-Family Homes for Sale at 318 Columbia Ave in Los Angeles CA. Find other listings like Columbia Ave, Los Angeles, Home For Sale and listings near 318 Columbia Ave by searching Oodle Classifieds for 10+ BR Eight Bath Single-Family Homes for Sale in Los Angeles CA.
Columbia Ave, Los Angeles, Home For Sale is a 10+ BR Eight Bath Single-Family Homes for Sale at 318 Columbia Ave in Los Angeles CA. Find other listings like Columbia Ave, Los Angeles, Home For Sale and listings near 318 Columbia Ave by searching Oodle Classifieds for 10+ BR Eight Bath Single-Family Homes for Sale in Los Angeles CA.