House Los Angeles (United-States) Price: $ 3,825,000 USD

Euro (€ EUR)

American Dollar ($ USD)

British Pound (£ GBP)

Surface 1 026 m² Bedrooms 19 Bathrooms 16

*** $125,000 price reduction **** 144 S. Avenue 55 is a well-maintained 16-unit courtyard-style property located 1 block south of Figueroa St, the commercial hub of Highland Park. Notable tenants of this lively hub include Highland Park Bowl, Go Get 'Em Tiger, Mendocino Farms, Highly Likely, Blind Barber and more. In addition, the property is approx. 2 miles from Occidental College, and could potentially be an off-campus student housing option. Built in 1961, this courtyard-style property features (3) 2-bdrm. units & (13) 1-bdrm. units. Please note, there is a VACANT 2-bdrm. unit. The property presents a substantial value-add opportunity with approx. 78% rental upside. At projected market rents, the property will stabilize at a 8.34% CAP and 9.01 GRM. 144 S. Avenue 55 can be purchased individually or in conjunction with a 10-unit property w/ approx. 60% rental upside, located 1 mile away (1223 N. Avenue 56). Please contact LA1 for more info.

Advertiser reference: 98564723 - Le Figaro Properties reference: 75975952

Its assets

Air-conditioning

In detail

- Surface 1 026 m²
- Pièces 19
- Chambres 19
- Land NC^*
- Construction NC^*
- Parking NC^*
- Salles de bain 16
- Toilettes NC^*
- Exposition NC^*
- Chauffage NC^*
- Cuisine NC^*
- Taxe foncière NC^*
Energy Performance Certificate

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*GreenHouse Gas emission

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$ 3,825,000
Finance my mortgage

* Information not provided by the advertiser

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