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1749 E 69th St

7 Unit Apartment Building $1,200,000 ($171,429/Unit) 3.21% Cap Rate Los Angeles, CA 90001

Executive Summary

7-unit apartment building. There are 2 buildings with a unit mix of (3) studios, (3) one-bedroom, one-bathroom units and (1) two-bedroom, one-bathroom unit. Prime investment opportunity with significant value add potential, 90% rental upside. The property is situated in the Florence-Graham area and is just a few miles away from Downtown and a short distance to many restaurants, retail outlets and metro stations.

Property Facts

Price $1,200,000
Price Per Unit $171,429
Sale Type Investment
Cap Rate 3.21%
Sale Conditions 1031 Exchange
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.22 AC
Building Size 4,568 SF
No. Stories 1
Year Built 1901
Walk Score ®
Very Walkable (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
6009-026-047
Land Assessment
$455,130
Improvements Assessment
$398,237
Total Assessment
$853,367

zoning

Zoning Code LCR4YY
LCR4YY
  • Listing ID: 31281087

  • Date on Market: 3/20/2024

  • Last Updated:

  • Address: 1749 E 69th St, Los Angeles, CA 90001

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