Multifamily
1412 N Martel Ave
1412 N Martel Ave, Los Angeles, CA 90046
Listing Price: $2,650,000
Cap Rate
2.53%
Number of Units
8
Price/Unit
$331,250
Price/Gross SF
$421.84
Gross SF
6,282
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 1412 North Martel Avenue, an eight-unit multifamily investment located in the supply constrained city of Los Angeles, CA.
1412 N Martel Ave
Investment Highlights
- Excellent Unit Mix Composed of One-Bedroom and Two-Bedroom Units -Well Suited for Today's Market
- One Unit to be Delivered Vacant!
- Approximately 80% in Rental Upside Through Renovation - aTrue Value-Add Opportunity
- Seismic Retrofit Plans Are Done, Work Has Not Been Completed
- On-Site Pool - Exclusive Access for Tenants! | 8 Parking Spaces!
Exclusively Listed By
Listing Price: $2,650,000
Cap Rate
2.53%
Number of Units
8
Price/Unit
$331,250
Price/Gross SF
$421.84
Gross SF
6,282
Investment Highlights
- Excellent Unit Mix Composed of One-Bedroom and Two-Bedroom Units -Well Suited for Today's Market
- One Unit to be Delivered Vacant!
- Approximately 80% in Rental Upside Through Renovation - aTrue Value-Add Opportunity
- Seismic Retrofit Plans Are Done, Work Has Not Been Completed
- On-Site Pool - Exclusive Access for Tenants! | 8 Parking Spaces!
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 1412 North Martel Avenue, an eight-unit multifamily investment located in the supply constrained city of Los Angeles, CA.
Exclusively Listed By
