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6708 Willoughby Avenue
USD 3,895,000
Property ID: 24406797
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6708 Willoughby Avenue ,90038
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icon 7252 SqFt
icon Built in 1924
icon USD 537/SqFt
icon 11 Beds
icon 9 Full
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Location Street View
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Interior Details
Bedrooms
11
Bathrooms
9
Interior Size
8784
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1924
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Detailed Introduction Of This Home
We are very pleased to exclusively offer for sale The Siegel, a beautifully expanded and remodeled 9 unit corner lot multi-family property located steps from several illustrious Hollywood Studios as well as nearby historic and famous Hancock Park. The Siegel offers an investor a stabilized, strong income stream of over $313,000 in annual gross income and a $221,235 net operating income, delivering a new owner a Day 1 cap rate of 5.7% and a 12.4 GRM. Comprised of an excellent mix of large 1 and 2 bedroom units, plus one studio unit, The Siegel is perfectly situated on a beautiful tree-lined street, featuring a mix of multi-million dollar single family homes and well manicured duplex properties along Las Palmas Avenue. Many of these units at The Siegel have been renovated to include high end appliances, washer/dryer hookups, hardwood floors, recessed lighting, high end kitchen and bathrooms. This is truly one of the best 9 unit multi-family investment offerings in one of the strongest multi-family markets in Southern California.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (17)
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6708 Willoughby Avenue
USD 3,895,000 11 Beds
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