8 Unit Apartment Complex

Just listed an eight unit apartment complex in South Los Angeles. The site is on Broadway which is just east of the Harbor Freeway between Slauson and Gage. This is a clean building listed at a very attractive price. The property is currently 100% occupied and in good condition. The unit mix is 8 Singles with one bathroom. The units are separately metered for utilities. The GRM is the best out there at 8.91. The CAP is 7.18 and the Cost Per Unit is only $70,625.

Clean building Attractive CAP of 7.18 Very Motivated Seller Excellent GRM of 8.91

MLS: 08-335071 Sq Ft: 3,652 Yr Built: 1913 Asking: $565,000   Address: 6114 S. Broadway Los Angeles, CA 90003 Property Map

Jerome McAlpin 310.437.4172 Contact Agent Lic#: 00939725	McAlpin & Company 8055 W. Manchester Avenue Suite# 705 Playa de Rey, CA 90293 310.437.4172

Information deemed reliable but not guaranteed.
Agent and/or buyer to verify all information.