Kenny Stevens
This listing was posted on RealtyWW.
$850,000
W Th St, Los Angeles, Home For Sale
Price:
$850,000
BR/BA:
5 BR, 4 BA
Location:
612 W 57th St, Los Angeles, CA
Description:
612 West 57th St. is a Spanish-style fourplex located 2 miles south of The LAColiseum and BMO Stadium. The property is also in close proximity to South LA thoroughfares including Slauson Ave, Figueroa St, S. Hoover St, and the 110 Fwy. This significant value-add opportunity is offered at $212, 500 per unit, $270 per foot, and and 12.31 GRM on current rents. 612 W. 57th presents approx. 41% rental upside. At projected market rents, the property will stabilize at a 8.39% CAP and 8.74 GRM. Built in 1929, this two-story Spanish-style property consists of (1) 2-bdrm. units and (3) 1-bdrm. units that sit on a 5, 541 SF lot. Please note, 1 of the 1-bdrm. units is VACANT. Property amenities include 6 surface parking spaces.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i73867396
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More About this Listing: W Th St, Los Angeles, Home For Sale
W Th St, Los Angeles, Home For Sale is a Five Bedroom 4.5 Bath Single-Family Homes for Sale at 612 W 57th St in Los Angeles CA. Find other listings like W Th St, Los Angeles, Home For Sale and listings near 612 W 57th St by searching Oodle Classifieds for Five Bedroom 4.5 Bath Single-Family Homes for Sale in Los Angeles CA.
W Th St, Los Angeles, Home For Sale is a Five Bedroom 4.5 Bath Single-Family Homes for Sale at 612 W 57th St in Los Angeles CA. Find other listings like W Th St, Los Angeles, Home For Sale and listings near 612 W 57th St by searching Oodle Classifieds for Five Bedroom 4.5 Bath Single-Family Homes for Sale in Los Angeles CA.