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10786 Missouri Ave

8 Unit Apartment Building $4,300,000 ($537,500/Unit) 4% Cap Rate Los Angeles, CA 90025

Investment Highlights

  • Located in one of LA's top rental markets.
  • 89 walk score, this property is considered a walkers paradise.
  • Located just minutes away from many shops, restaurants, and other entertainment.

Executive Summary

Assumable Financing Available! 3.65% Interest Rate Fixed
Until Feb 1. 2027. The loan amount is around $1.8M.
Very rare to find an asset like this in Westwood, one of the
most desired pocket of Los Angeles. You will not find a
better price/unit or price/sf in the area.
10786 Missouri Ave is a 8 unit trophy asset located in an
A+ area. The subject property is priced at $537k/unit and
still has room to improve the income. Once rented for
market, 10786 Missouri Ave will operate at a 5.46% CAP
and 13.05 GRM. This is the ideal asset for any investor
looking for cash-flow and appreciation in one of the
nicest neighborhoods in Los Angeles.
10786 Missouri Ave is comprised of (1) 3Bed+2Bath (2)
2Bed+2Bath, and (5) 1Bed+1Bath units. Two units will be
delivered vacant. Due to its location, the subject property
demands high rents, beneficial to any new buyer. There
are 5 tandem parking spots, as well as 2 parking spaces
in the rear.
Located just minutes away from many shops, restaurants
and other entertainment- this is a renter's dream! With a
89 walk score, this property is considered a walker's
paradise.

Property Facts

Price $4,300,000
Price Per Unit $537,500
Sale Type Investment
Cap Rate 4%
Gross Rent Multiplier 16.26
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 7,430 SF
No. Stories 2
Year Built 1963
Parking Ratio 1.57/1,000 SF
Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4321-010-001
Land Assessment
$2,135,476
Improvements Assessment
$928,467
Total Assessment
$3,063,943

zoning

Zoning Code LAR3 (Limited Multiple Residence)
LAR3 (Limited Multiple Residence)
  • Listing ID: 29403609

  • Date on Market: 8/30/2023

  • Last Updated:

  • Address: 10786 Missouri Ave, Los Angeles, CA 90025

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