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Multifamily

2215 Cazador Dr

2215 Cazador Dr, Los Angeles, CA 90065

Listing Price: $1,895,000

Cap Rate
4.12%
Number of Units
4
Price/Unit
$473,750
Price/Gross SF
$587.78
Gross SF
3,224

Investment Overview

Marcus & Millichap is pleased to present 2215 Cazador Dr, a 4-unit stabilized investment opportunity in the Glassell Park neighborhood. The subject property, situated in the hills provides sweeping views plus the tranquility of a quiet tree lined neighborhood. 2215 Cazador is located just west of the I-5 freeway and Glendale Fwy, providing easy access to major arterial freeways in the Los Angeles area. The building features a strong unit mix of two 2+1’s and two 2+2’s townhouse style units. On site laundry is available to tenants and provides additional monthly income. Strong in-place rental income provides stable current cash flow to an investor. There are eight gated parking spaces on the property, plenty of space to accommodate the four-units. The building totals 3,224 SF and sits on a 7,249 SF lot. Built in 1988, the subject property does not fall under the LA county rent control regulations. Glassell Park is a neighborhood in Los Angeles, California with a population of 26,582. Living in Glassell Park offers residents an urban suburban mix feel and most residents rent their homes. In Glassell Park there are a lot of bars, restaurants, coffee shops, and parks. Many families and young professionals live in Glassell Park because it offers a great mix of entertainment from bars, restaurants and coffee shops to parks and local hiking trails.

Investment Highlights

  • A four-unit stabilized investment opportunity in the Glassel Park neighborhood
  • Just west of the I-5 freeway and Glendale Fwy, providing easy access to major arterial freeways in the Los Angeles area
  • The building features a strong unit mix of two 2+1's and two 2+2's townhouse style units. On site laundry is available to tenants and provides additional monthly income
  • This is a turnkey investment opportunity, with each unit having been completely remodeled recently with new granite counter tops, stainless steel appliances, new kitchen cabinets, new flooring, and new windows throughout the building
  • Strong in-place rental income provides stable current cash flow to an investor
  • The property features eight on-site gated parking spaces
  • The building totals 3,224 SF and sits on a 7,249 SF lot situated in the hills of Glassell Park, offering remarkable views from property
  • Built in 1988, the subject property does not fall under the LA county rent control regulations.

Exclusively Listed By

Financing By

Multifamily

2215 Cazador Dr

Listing Price: $1,895,000

Cap Rate
4.12%
Number of Units
4
Price/Unit
$473,750
Price/Gross SF
$587.78
Gross SF
3,224

Investment Highlights

  • A four-unit stabilized investment opportunity in the Glassel Park neighborhood
  • Just west of the I-5 freeway and Glendale Fwy, providing easy access to major arterial freeways in the Los Angeles area
  • The building features a strong unit mix of two 2+1's and two 2+2's townhouse style units. On site laundry is available to tenants and provides additional monthly income
  • This is a turnkey investment opportunity, with each unit having been completely remodeled recently with new granite counter tops, stainless steel appliances, new kitchen cabinets, new flooring, and new windows throughout the building
  • Strong in-place rental income provides stable current cash flow to an investor
  • The property features eight on-site gated parking spaces
  • The building totals 3,224 SF and sits on a 7,249 SF lot situated in the hills of Glassell Park, offering remarkable views from property
  • Built in 1988, the subject property does not fall under the LA county rent control regulations.

Investment Overview

Marcus & Millichap is pleased to present 2215 Cazador Dr, a 4-unit stabilized investment opportunity in the Glassell Park neighborhood. The subject property, situated in the hills provides sweeping views plus the tranquility of a quiet tree lined neighborhood. 2215 Cazador is located just west of the I-5 freeway and Glendale Fwy, providing easy access to major arterial freeways in the Los Angeles area. The building features a strong unit mix of two 2+1’s and two 2+2’s townhouse style units. On site laundry is available to tenants and provides additional monthly income. Strong in-place rental income provides stable current cash flow to an investor. There are eight gated parking spaces on the property, plenty of space to accommodate the four-units. The building totals 3,224 SF and sits on a 7,249 SF lot. Built in 1988, the subject property does not fall under the LA county rent control regulations. Glassell Park is a neighborhood in Los Angeles, California with a population of 26,582. Living in Glassell Park offers residents an urban suburban mix feel and most residents rent their homes. In Glassell Park there are a lot of bars, restaurants, coffee shops, and parks. Many families and young professionals live in Glassell Park because it offers a great mix of entertainment from bars, restaurants and coffee shops to parks and local hiking trails.

Exclusively Listed By

Financing By

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