Multifamily
220 S Poinsettia Pl
220 S Poinsettia Pl, Los Angeles, CA 90036
Listing Price: $2,845,000
Cap Rate
4.62%
Number of Units
8
GRM
14.43
Price/Unit
$355,625
Price/Gross SF
$485.99
Gross SF
5,854
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 220 S. Poinsettia Place, an eight-unit
investment opportunity located in the highly desirable 90036 zip code of Los Angeles.
Investment Highlights
- Excellent Unit Mix Offering (2) Studios and (6) One-Bedroom Units!
- Charming 1940's Construction!
- Brand New Electrical!
- Gas Shut Off Valves Have Been Completed!
- Includes 6 Covered Parking Spaces!
- Prime Beverly Grove Location with Low Vacancy and High Rent Growth!
- Large Units Averaging Over 730 Square Feet!
- Prime Beverly Grove Location with Low Vacancy and High Rent Growth!
Exclusively Listed By
Financing By
Listing Price: $2,845,000
Cap Rate
4.62%
Number of Units
8
GRM
14.43
Price/Unit
$355,625
Price/Gross SF
$485.99
Gross SF
5,854
Investment Highlights
- Excellent Unit Mix Offering (2) Studios and (6) One-Bedroom Units!
- Charming 1940's Construction!
- Brand New Electrical!
- Gas Shut Off Valves Have Been Completed!
- Includes 6 Covered Parking Spaces!
- Prime Beverly Grove Location with Low Vacancy and High Rent Growth!
- Large Units Averaging Over 730 Square Feet!
- Prime Beverly Grove Location with Low Vacancy and High Rent Growth!
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 220 S. Poinsettia Place, an eight-unit investment opportunity located in the highly desirable 90036 zip code of Los Angeles.