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Multifamily

9227 Maie Avenue

9227 Maie Ave, Los Angeles, CA 90002

Listing Price: $990,000

Cap Rate
6.51%
Number of Units
2
GRM
11.20
Price/Unit
$495,000
Price/Gross SF
$325.44
Gross SF
3,042

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a duplex apartment community located at 9227 Maie Avenue. The subject property is located just west of Graham Avenue and north of Century Boulevard.

South Los Angeles, nestled south of downtown, is a dynamic urban neighborhood where diverse cultures intermingle, creating a rich mosaic of traditions and experiences. South LA’s strong sense of community shines through at local parks and venues, while recent urban revitalization efforts have brought new businesses and dining options.

Situated on a 9,042 square foot parcel, the property is comprised entirely of five-bedroom two-bathroom units. There is on site parking located at the back of the property.

The continued gentrification of the surrounding area along with the healthy income stream that the property generates makes 9227 Maie Avenue an excellent acquisition opportunity.

*The Subject Property is being marketed in conjunction with 5 other offerings. Each offering can be purchased individually or together.


Investment Highlights

  • Due to 2008 Construction, Not Subject to City of Los Angeles Rent Control, Only Subject to AB1482 State Rent Control
  • The Property Comprises Entirely of Five-Bedroom & Two-Bathroom Units *Buyer to Verify Unit Configuration
  • The Subject Property is Located in a Dense Pocket of the Historic South Central District bordering Southgate. Residents Enjoy Convenient Access to Employment Centers, Retail & Entertainment
  • Professionally Managed Building that has Been Attentively Maintained
  • On-Site Parking with No Seismic Retrofit Requirements

Exclusively Listed By

Multifamily

9227 Maie Avenue

Listing Price: $990,000

Cap Rate
6.51%
Number of Units
2
GRM
11.20
Price/Unit
$495,000
Price/Gross SF
$325.44
Gross SF
3,042

Investment Highlights

  • Due to 2008 Construction, Not Subject to City of Los Angeles Rent Control, Only Subject to AB1482 State Rent Control
  • The Property Comprises Entirely of Five-Bedroom & Two-Bathroom Units *Buyer to Verify Unit Configuration
  • The Subject Property is Located in a Dense Pocket of the Historic South Central District bordering Southgate. Residents Enjoy Convenient Access to Employment Centers, Retail & Entertainment
  • Professionally Managed Building that has Been Attentively Maintained
  • On-Site Parking with No Seismic Retrofit Requirements

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a duplex apartment community located at 9227 Maie Avenue. The subject property is located just west of Graham Avenue and north of Century Boulevard. South Los Angeles, nestled south of downtown, is a dynamic urban neighborhood where diverse cultures intermingle, creating a rich mosaic of traditions and experiences. South LA’s strong sense of community shines through at local parks and venues, while recent urban revitalization efforts have brought new businesses and dining options. Situated on a 9,042 square foot parcel, the property is comprised entirely of five-bedroom two-bathroom units. There is on site parking located at the back of the property. The continued gentrification of the surrounding area along with the healthy income stream that the property generates makes 9227 Maie Avenue an excellent acquisition opportunity. *The Subject Property is being marketed in conjunction with 5 other offerings. Each offering can be purchased individually or together.

Exclusively Listed By

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