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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.

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

Multifamily

1412 N Martel Ave

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

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