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1419 Malvern Avenue
USD 1,150,000
房產編號: 24461224
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1419 Malvern Avenue ,90006
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icon 6508 SqFt
icon Built in 1960
icon USD 177/SqFt
icon 0 Bed
icon 0 Full
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位置 街景
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icon 方向
室內細節
臥室
0
浴室
0
室內面積
5960
建築細節
物業類型 --
房屋狀況 --
建築風格 --
新建房產 --
建造年份 1960
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此房屋詳細介紹
Daniel Hirth and Alex Reyhan of The Hirth Group have been exclusively selected by the ownership to handle the sale of 1419 Malvern Avenue. An exceptional eight-unit multifamily building situated between Venice Boulevard and Alvarado Terrace, just north of S. Hoover Street, in the Pico Union submarket near Downtown Los Angeles. This area is a highly sought-after and rapidly gentrifying neighborhood. Built in 1960, the property features a mix of four 2-bedroom, 1-bath units, two 1-bedroom, 1-bath units, and two studio apartments. The current rents are well below market value, providing investors with the opportunity to increase income by over 100% and the potential to add additional ADUs (Buyer to Verify). The building spans 5,960 square feet on a 6,506 square foot lot, offering a 4.32%current CAP rate with a projected pro forma CAP rate of 9.73%, priced at just $162,500 per unit. This property at 1419 Malvern Avenue offers a rare chance for investors to acquire a value-add asset in a high-demand rental market, with the potential to increase value through renovations and the addition of an ADU in the rear. With strategic renovations, investors can maximize rental income and tap into the significant upside. The property is ideally situated in a dense, infill location with easy access to major employment hubs such as Downtown Los Angeles, Mid-Wilshire, Miracle Mile, Hollywood, West Hollywood, Beverly Hills, and Century City. Additionally, it's within walking distance of the Westlake/MacArthur Park Purple/Red Line Metro Stations, providing convenient connections to Downtown Los Angeles. The Purple Line is currently being extended, with new stations set to serve Beverly Hills, Westwood, and Brentwood by 2026.
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Cissy Tang
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聯繫開發/經紀人
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Cissy Tang
(+1)626 9868**** icon
請輸入您的國籍
+87
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電子郵件地址無效 電子郵件地址未驗證!
Cissy Tang
(+1)626 9868**** icon
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1419 Malvern Avenue
USD 1,150,000 0 Beds
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