Multifamily
4929 Lynnfield St
4929 Lynnfield St, Los Angeles, CA 90032
Listing Price: $4,695,000
Cap Rate
6.94%
Number of Units
20
GRM
9.20
Price/Unit
$234,750
Price/Gross SF
$317.55
Gross SF
14,785
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 4929 Lynnfield Street, a 20 unit investment opportunity located in the trendy El Sereno neighborhood of Los Angeles, CA.
4929 Lynnfield St
Investment Highlights
- Amazing 6.25% Cap Rate Day 1!
- 16 Units + 4 Recently Built ADUs | (5) One-Bedroom Units and (15) Two-Bedroom Townhome Units.
- Seismic Retrofit Already Completed!
- Attractive Town-Home Floor Plans – Units Feature Balconies and Hillside Views!
- Well Located in the Trendy El Sereno Neighborhood of Los Angeles! In Close Proximity to Everything in Highland Park, Alhambra, and Downtown.
Listing Price: $4,695,000
Cap Rate
6.94%
Number of Units
20
GRM
9.20
Price/Unit
$234,750
Price/Gross SF
$317.55
Gross SF
14,785
Investment Highlights
- Amazing 6.25% Cap Rate Day 1!
- 16 Units + 4 Recently Built ADUs | (5) One-Bedroom Units and (15) Two-Bedroom Townhome Units.
- Seismic Retrofit Already Completed!
- Attractive Town-Home Floor Plans – Units Feature Balconies and Hillside Views!
- Well Located in the Trendy El Sereno Neighborhood of Los Angeles! In Close Proximity to Everything in Highland Park, Alhambra, and Downtown.
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 4929 Lynnfield Street, a 20 unit investment opportunity located in the trendy El Sereno neighborhood of Los Angeles, CA.
