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Thursday, December 18, 2008

40 UNITS Koreatown/Midwilshire $3,350,000

40 UNITS Koreatown/Midwilshire $3,350,000
Under $84,000 per door - 11.5 grm



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French Normandy 40 Unit Apartment building for sale. Under $84,000 a door,11.5 grm. Great street visibility in strong rental area - easy to rent. Well maintained, well managed. Actual rent $290,600 yr. 2 Seperate parcels R3 Zoning-Possible to build Condos.(Check with City) Great location,close to Freeways,Public Transport and Shopping.Minutes from"heart"of Koreatown. Strong rental area. Easy access to Downtown LA and beaches. Call 310 500 9724 for Buyers Package.
14,288 Sq ft lot
15,176 Sq Ft building
Built 1947
$290,600 actual income.
2 APN's - R3 Zoning.
Well Managed and maintained
Great visibility- easy to rent
Stong Rental Market



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Area: Mid Wilshire
Sq Ft: 15,176
Yr Built: 47

Pool: No
Parking: None
Asking: $$3,350,000

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