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Multifamily

211 N Ave 63

211 N Ave 63, Los Angeles, CA 90042

Listing Price: $1,250,000

Cap Rate
5.72%
Number of Units
4
GRM
11.81
Occupancy
100.0%
Price/Unit
$312,500
Price/Gross SF
$451.59
Gross SF
2,768

Investment Overview

The Weir Group of Marcus & Millichap is pleased to present our newest listing in Highland Park. 211 N Ave 63 is comprised of two renovated loft-style units and two 1 bedroom/1 bathroom units. The property offers ample surface parking and optimal floor plans. This trendy and upscale neighborhood is a solid majority-renter market with low vacancy rates. This offering presents a great opportunity for an investor to acquire an asset with newer built units/steady cash flow in a strong rental market and capture upside in rents.

Investment Highlights

  • Walker's Paradise 91 WalkScore
  • Trendy Highland Park Neighborhood in the Heart of the Action
  • Cash Flowing Property with Newer-Built Units
  • Ample Parking and Optimal Floorplans

Exclusively Listed By

Financing By

Multifamily

211 N Ave 63

Listing Price: $1,250,000

Cap Rate
5.72%
Number of Units
4
GRM
11.81
Occupancy
100.0%
Price/Unit
$312,500
Price/Gross SF
$451.59
Gross SF
2,768

Investment Highlights

  • Walker's Paradise 91 WalkScore
  • Trendy Highland Park Neighborhood in the Heart of the Action
  • Cash Flowing Property with Newer-Built Units
  • Ample Parking and Optimal Floorplans

Investment Overview

The Weir Group of Marcus & Millichap is pleased to present our newest listing in Highland Park. 211 N Ave 63 is comprised of two renovated loft-style units and two 1 bedroom/1 bathroom units. The property offers ample surface parking and optimal floor plans. This trendy and upscale neighborhood is a solid majority-renter market with low vacancy rates. This offering presents a great opportunity for an investor to acquire an asset with newer built units/steady cash flow in a strong rental market and capture upside in rents.

Exclusively Listed By

Financing By

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