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6223 S Van Ness Ave | Los Angeles CA | 7331582829

Casey Lins

This listing was posted on RealtyWW.

$800,000

S Van Ness Ave, Los Angeles, Home For Sale

Price:
$800,000
BR/BA:
7 BR, 5 BA
Location:
6223 S Van Ness Ave, Los Angeles, CA
Description:

We are pleased to present a 4-unit property located in the Hyde Park neighborhood. This property is centrally located in close proximity to LAX, Sofi Stadium, Downtown Los Angeles, the Convention Center, USC Coliseum, and multiple museums. This opportunity is also a short drive to Crenshaw/Leimert Park, Inglewood and provides easy access to the 105 and 110 freeways as well as the new LAX/Crenshaw metro rail line, offering tenants convenience to numerous nearby amenities. The building currently operates at a 13.68 GRM on current rents, with rental upside potential to a 6.47 GRM and a 12+% CAP on pro-forma rents. The property consists of three standalone structures, all constructed in 1936, with a strong unit mix comprised of 1 three-bedroom two-bath unit, 1 two-bedroom one-bath unit, and 2 one-bedroom one-bath units. The property also features five 1-car garages in the rear accessible from the alley providing potential for ADU conversions. Contact Casey Lins or for additional information.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i73911323
Property Type:
Single-Family Houses
Posted:
July 12 on RealtyWW
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More About this Listing: S Van Ness Ave, Los Angeles, Home For Sale
S Van Ness Ave, Los Angeles, Home For Sale is a Seven Bedroom 5.5 Bath Single-Family Homes for Sale at 6223 S Van Ness Ave in Los Angeles CA. Find other listings like S Van Ness Ave, Los Angeles, Home For Sale and listings near 6223 S Van Ness Ave by searching Oodle Classifieds for Seven Bedroom 5.5 Bath Single-Family Homes for Sale in Los Angeles CA.