Presented by: Keller Williams Realty South Bay
$1,395,000
642 W 74th St, Los Angeles, CA 90044
- 12Beds
- 8Baths
- 5375SqFt
- 12Beds
- 8Baths
- 5375SqFt
- Property TypeCondo
- Year Built1963
- Price per Sqft$260
- On highrises1 Day
Property Details
This 7-unit multifamily apartment offers a compelling investment opportunity with strong cash flow and rental upside potential of approximately 44% +/-. Priced competitively at a 6.44% Cap Rate and 9.75 GRM, an investor can step into a performing asset while enacting a value-add strategy to capture the remaining upside. The property features a unit mix of (5) two bedroom units and (2) one bedroom units, all of which are individually metered for gas and electricity, and also feature laundry hookups! The area has traditionally been a strong rental market, and units are always in high demand.
Property Features
Bedrooms
- Bedrooms: 12
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Josh S Cohen
- state license#01346713
- Brokered by:
- Keller Williams Realty South Bay
- (310) 375-3511