Skip to main content

Multifamily

5005 Axtell St

5005 Axtell St, Los Angeles, CA 90032

Listing Price: $2,700,000

Cap Rate
3.35%
Number of Units
12
Occupancy
100.0%
Price/Unit
$225,000
Price/Gross SF
$289.95
Gross SF
9,312

Investment Overview

Marcus & Millichap is pleased to present 5005 Axtel St., a 12-unit value-add apartment building located in El Sereno neighborhood of Los Angeles, CA. The building consists of 10 (ten) Two- bedroom/one bathroom, 1 (one) one bedroom/ one bathroom, and 1 (one) Studio/one bathroom apartment units. The asset is well located just a short commute to South Pasadena and Downtown Los Angeles, yet just far enough away that it feels like a small quaint neighborhood.

Investment Highlights

  • VALUE ADD 12 UNIT APARTMENT BUILDING IN TORRANCE WITH APPROXIMATELY 60% UPSIDE IN RENT
  • EXCELLENT UNIT MIX OF TEN (10) TWO BEDROOM /ONE BATHROOM UNITS, ONE (1) ONE BEDROOM/ONE BATHROOM, AND ONE (1) STUDIO/ 1 BATHROOM UNIT
  • WALKSCORE OF 77 - MOST ERRANDS CAN BE ACCOMPLISHED ON FOOT
  • BUILDING FEATURES ON-GRADE PARKING
  • CONVENIENTLY LOCATED NEAR THE 10, 710 AND 5 FREEWAYS

Exclusively Listed By

Financing By

Multifamily

5005 Axtell St

Listing Price: $2,700,000

Cap Rate
3.35%
Number of Units
12
Occupancy
100.0%
Price/Unit
$225,000
Price/Gross SF
$289.95
Gross SF
9,312

Investment Highlights

  • VALUE ADD 12 UNIT APARTMENT BUILDING IN TORRANCE WITH APPROXIMATELY 60% UPSIDE IN RENT
  • EXCELLENT UNIT MIX OF TEN (10) TWO BEDROOM /ONE BATHROOM UNITS, ONE (1) ONE BEDROOM/ONE BATHROOM, AND ONE (1) STUDIO/ 1 BATHROOM UNIT
  • WALKSCORE OF 77 - MOST ERRANDS CAN BE ACCOMPLISHED ON FOOT
  • BUILDING FEATURES ON-GRADE PARKING
  • CONVENIENTLY LOCATED NEAR THE 10, 710 AND 5 FREEWAYS

Investment Overview

Marcus & Millichap is pleased to present 5005 Axtel St., a 12-unit value-add apartment building located in El Sereno neighborhood of Los Angeles, CA. The building consists of 10 (ten) Two- bedroom/one bathroom, 1 (one) one bedroom/ one bathroom, and 1 (one) Studio/one bathroom apartment units. The asset is well located just a short commute to South Pasadena and Downtown Los Angeles, yet just far enough away that it feels like a small quaint neighborhood.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower