1117 S Wooster St
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1117 S Wooster St
4 Unit Apartment Building $3,499,000 ($874,750/Unit) 4.69% Cap Rate Los Angeles, CA 90035
EXECUTIVE SUMMARY
Prime Investment Opportunity in Los Angeles. Experience modern luxury at 1117 S Wooster St, a meticulously renovated fourplex offering a blend of sophistication and investment potential in the heart of Los Angeles. Each of the four units features 2 bedrooms and 2 bathrooms with open floor plans, chef-inspired kitchens, and in-unit washer/dryer facilities. Key Features:*Modern Interiors: Enjoy contemporary living spaces designed for comfort and style, complete with premium appliances and sleek finishes.*Ideal Location: Located in a highly desirable neighborhood, residents benefit from proximity to local amenities, dining, shopping, and entertainment options. Easy access to major transportation routes enhances convenience for tenants.*Vacant Units: All units have been meticulously renovated and are vacant, offering immediate occupancy or leasing at market rates. This turnkey investment opportunity ensures minimal downtime and maximum rental income potential. Whether you're a seasoned investor or first-time buyer, 1117 S Wooster St presents an exceptional opportunity to own a premier property in one of Los Angeles' most coveted neighborhoods. Don't miss out on this chance to capitalize on the thriving rental market in LA. Contact us today to schedule a viewing and secure your investment in urban luxury.
PROPERTY FACTS
| Price | $3,499,000 | Apartment Style | Low-Rise |
| Price Per Unit | $874,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 4.69% | Building Size | 4,903 SF |
| Gross Rent Multiplier | 17.05 | Average Occupancy | 75% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1940 |
| Property Subtype | Apartment | Parking Ratio | 0.82/1,000 SF |
| Price | $3,499,000 |
| Price Per Unit | $874,750 |
| Sale Type | Investment |
| Cap Rate | 4.69% |
| Gross Rent Multiplier | 17.05 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,903 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 0.82/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Heating
- Hardwood Floors
- Refrigerator
- Views
- Family Room
- Freezer
SITE AMENITIES
- Controlled Access
- Courtyard
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 4 | - | - |
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Walk Score®
Walker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 4332-015-010 | Improvements Assessment | $1,010,000 |
| Land Assessment | $1,515,000 | Total Assessment | $2,525,000 |
PROPERTY TAXES
Parcel Number
4332-015-010
Land Assessment
$1,515,000
Improvements Assessment
$1,010,000
Total Assessment
$2,525,000
ZONING
| Zoning Code | LAR3 (Residential) |
| LAR3 (Residential) |
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1117 S Wooster St
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