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8 New Duplexes

8 Multifamily Properties Offered at $9,250,000 in Los Angeles, CA

Apartment Buildings California Los Angeles 8 New Duplexes

Investment Highlights

  • 8 Newer Duplex Properties Consisting of 16 Units
  • Great Locations for Downtown Commute and Sporting Events
  • Spacious 4 and 5 Bedroom Units
  • Excellent Investment Opportunity with Huge Rental Upside
  • 6.8% Pro-Forma Cap Rate

Executive Summary

HCM Real Estate is pleased to exclusively present for sale a 16 unit portfolio consisting of 8 separate duplex properties. The duplex properties are situated in South Los Angeles area conveniently located for easy access to freeways, downtown, sporting venues and more. 7 of the units were new construction in 2016 and 1 of the units was built in 2014. 10 units offer 5 Bedroom/3 Bath configuration and 6 units offer 4 Bedroom/3 Bath. Duplex square footages range from 3124 sq.ft. to 4006 sq.ft. All units have granite countertops and come with a garages. 2 units are vacant and rent ready at market rates. Huge rental upside on the remaining units. Tenants pay all utilities except water and sewer.
The area continues to gentrify and the huge rental upside potential of this portfolio makes it an excellent investment opportunity for long term investors.

Attachments

16-Unit Portfolio Brochure

Property Facts

Price $9,250,000 Status Active
Price / SF $322.51 / SF Number of Properties 8
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
 Individually For Sale 0
Cap Rate 6.81% Total Building Size 28,681 SF
Sale Type Investment Total Land Area 1.03 AC
Price $9,250,000
Price / SF $322.51 / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Cap Rate 6.81%
Sale Type Investment
Status Active
Number of Properties 8
Individually For Sale 0
Total Building Size 28,681 SF
Total Land Area 1.03 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
5753 8th Ave, Los Angeles, CA 90043 Multifamily 3,600 SF 2016 -
8617 Hickory St, Los Angeles, CA 90002 Multifamily 3,744 SF 2016 -
9023 Baring Cross St, Los Angeles, CA 90044 Multifamily 4,006 SF 2016 -
146 W 93rd St, Los Angeles, CA 90003 Multifamily 3,706 SF 2016 -
1516 E 55th St, Los Angeles, CA 90011 Multifamily 3,461 SF 2016 -
838 E 80th St, Los Angeles, CA 90001 Multifamily 3,124 SF 2016 -
645 E 78th St, Los Angeles, CA 90001 Multifamily 3,520 SF 2016 -
1026 W 84th Pl, Los Angeles, CA 90044 Multifamily 3,520 SF 2016 -
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  • Steve Patton
    Steve Patton
  • HCM Property Management
(949) 734-7307

  • Listing ID: 33296227

  • Date on Market: 9/25/2024

  • Last Updated:

  • Address: 8 New Duplexes, Los Angeles, CA

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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8 New Duplexes
(949) 734-7307 x

8 New Duplexes

Steve Patton

(949) 734-7307

(949) 734-7307

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