Multifamily
The Elizabeth
7513 Fountain Ave, Los Angeles, CA 90046
Listing Price: $32,500,000
Cap Rate
3.75%
Number of Units
75
Price/Unit
$433,333
Price/Gross SF
$477.48
Gross SF
68,066
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 7513 Fountain Avenue, a 75-unit multifamily investment opportunity located in the supply constrained 90046 zip code of Los Angeles, CA.
The Elizabeth
Investment Highlights
- Rare Opportunity to Own 75 Units Adjacent to WeHo!
- Excellent Unit Mix Composed of 15 Studio/One-Bathroom Units, 55 One-Bedroom/One-Bathroom Units & 5 Two-Bedroom/Two-Bathroom Units!
- Spacious Units Averaging Approximately 387 SF for Studio Units, 717 SF for One-Bedroom Units & 1,112 SF for Two-Bedroom Units!
- Property Amenities Include Gated Entry, a Heated Pool, On-Site Laundry, Secured Parking, Parcel Lockers, Elevators & an Updated Lobby!
- Units Feature Equipped Kitchen, Quartz Countertops, Wood Floors, AC Unit, Washer & Dryer, Dishwasher, Large Windows with Natural Light & Balconies!
Exclusively Listed By
Financing By
Listing Price: $32,500,000
Cap Rate
3.75%
Number of Units
75
Price/Unit
$433,333
Price/Gross SF
$477.48
Gross SF
68,066
Investment Highlights
- Rare Opportunity to Own 75 Units Adjacent to WeHo!
- Excellent Unit Mix Composed of 15 Studio/One-Bathroom Units, 55 One-Bedroom/One-Bathroom Units & 5 Two-Bedroom/Two-Bathroom Units!
- Spacious Units Averaging Approximately 387 SF for Studio Units, 717 SF for One-Bedroom Units & 1,112 SF for Two-Bedroom Units!
- Property Amenities Include Gated Entry, a Heated Pool, On-Site Laundry, Secured Parking, Parcel Lockers, Elevators & an Updated Lobby!
- Units Feature Equipped Kitchen, Quartz Countertops, Wood Floors, AC Unit, Washer & Dryer, Dishwasher, Large Windows with Natural Light & Balconies!
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 7513 Fountain Avenue, a 75-unit multifamily investment opportunity located in the supply constrained 90046 zip code of Los Angeles, CA.
Exclusively Listed By
Financing By
