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617 E 97th Street
USD 7,500,000
Property ID: 23302313
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617 E 97th Street ,90301
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icon 17953 SqFt
icon Built in 1988
icon USD 418/SqFt
icon 44 Beds
icon 36 Full
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Location Street View
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Interior Details
Bedrooms
44
Bathrooms
36
Interior Size
19014
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1988
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Detailed Introduction Of This Home
Phenomenal Location, Steps to SoFi Stadium, Hollywood Park, the Forum and the Intuit Dome (coming Fall 2024) *Large Units Averaging 1,056 SF (all two's and three's), Built in 1988 *Spacious units averaging over 938 square feet *No city rent control *Most units renovated or Partially renovated with quartz countertops and stainless-steel appliances; built-in microwaves (except two) *Assumable Fixed Rate Loan: 3.54% interest rate *Rents shown are averages * PART OF AN 11-PROPERTY PORTFOLIO totaling 221 units, all located in prime LA County locations, including Inglewood (9 properties); Hawthorne (1 property); and Beverly Hills adjacent (1 property). The properties Can be Purchased Together, Individually, or In Any Combination. The Portfolio offers an attractive selection of one-, two-, and three-bedroom units, with spacious units averaging nearly 1,000 SF. The Portfolio offers tremendous value-add opportunity with in-place rents averaging approximately $2,135/u/month and only $2.12 psf. Nine of the eleven properties have attractive fixed rate assumable financing with an average interest rate of 3.72% is available (see Loan Summary in OMs for individual property details). *See Property website for OMs, rent rolls and other information for ALL Properties.
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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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617 E 97th Street
USD 7,500,000 44 Beds
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