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3551 S Western Avenue
USD 3,500,000
Property ID: 23292803
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3551 S Western Avenue ,90018
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icon 12226 SqFt
icon Built in 1957
icon USD 286/SqFt
icon 14 Beds
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
14
Bathrooms
0
Interior Size
8000
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1957
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Detailed Introduction Of This Home
***CASH COW!! 6.8 CAP -- WEST ADAMS! This is a great deal and the numbers speak for themselves. 26,480 total monthly rents at full occupancy. Two vacant units currently. Near TONS of development and just a short distance from USC. Two units currently vacant but fixed up and ready for the next owner. ***In an area of RAPID development. Amazing GRM and CAP rate. Fourteen residentuail studios on the top floor and 3 commercial spaces on the bottom level. Eleven of the 14 residentail units are updated with new floors, bathrooms and kichens. The Resturant and the School are on month to month leases with TONS of upside that can be captured quickly in those spaces. Ample gated parking in rear of property. Located on Western Ave within walking distance to USC, Exposition Park, Banc of California Stadium, Natural History Museum, and California Science Center. Near USC Village (Trader Joes, Target, Core Power Yoga, Sunlife Organics, Trejo's Tacos and more Restaurants, Coffee Shops, and shopping!). 1 mile from Expo/USC Station with easy access to DTLA & West Adams. Easy & convenient access to the 110 Freeway. This is a true turnkey investment property in a rapidly improving area!
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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 (18)
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3551 S Western Avenue
USD 3,500,000 14 Beds
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