Multifamily

1620 W Century Blvd

Listing Price: $1,600,000

Cap Rate
4.16%
Number of Units
8
Price/Unit
$200,000
Price/Gross SF
$327.87
Gross SF
4,880

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 1620 West Century Boulevard, an eight-unit multifamily investment opportunity located in the supply constrained 90047 zip code of Los Angeles.

Investment Highlights

  • Excellent Unit Mix Composed of All One-Bedroom Units - Well Suited for Today's Market.
  • Approximately Over 30% in Rental Upside Through Renovation - a True Value-Add Opportunity.
  • Roof is in Great Condition.
  • Property Includes On-Site Parking for Tenants.
  • Property is Situated on a 7,060-Square Foot Corner Lot.
  • Easy Access to the 405, 105 and 110 Freeways!

Exclusively Listed By

Listing Price: $1,600,000

Cap Rate
4.16%
Number of Units
8
Price/Unit
$200,000
Price/Gross SF
$327.87
Gross SF
4,880

Investment Highlights

  • Excellent Unit Mix Composed of All One-Bedroom Units - Well Suited for Today's Market.
  • Approximately Over 30% in Rental Upside Through Renovation - a True Value-Add Opportunity.
  • Roof is in Great Condition.
  • Property Includes On-Site Parking for Tenants.
  • Property is Situated on a 7,060-Square Foot Corner Lot.
  • Easy Access to the 405, 105 and 110 Freeways!

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 1620 West Century Boulevard, an eight-unit multifamily investment opportunity located in the supply constrained 90047 zip code of Los Angeles.

Exclusively Listed By

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