Skip to main content

Multifamily

7106 Flight Ave

7106 Flight Ave, Los Angeles, CA 90045

Listing Price: $1,595,000

Cap Rate
4.39%
Number of Units
6
GRM
13.89
Price/Unit
$265,833
Price/Gross SF
$433.42
Gross SF
3,680

Investment Overview

Marcus & Millichap is pleased to present to market 7106 Flight Avenue, a six-unit apartment building in Los Angeles’ desirable Westchester neighborhood. The property is well-located just north of the 405 Freeway conveniently near major shopping centers and proximate to downtown Culver City.

7106 Flight Avenue is a 1952 construction that offers six one-bedroom/one-bath units, four of which are single-story floor plans, and the two remaining units are situated above three two-car garages. The units are separately metered for gas and electricity and feature new windows, and the property also offers shared on-site laundry.

This offering presents a great opportunity for an investor to acquire a well-located asset in a strong rental market and capture 32 percent potential upside in rents.

Investment Highlights

  • Six-unit apartment building in Los Angeles' thriving Westchester neighborhood
  • All one-bed/one-bath units, four of which are single-story floor plans
  • Property features three two-car garages and shared laundry
  • Great location in an affluent submarket proximate to retail, freeways, and attractions
  • Opportunity to capture 32 percent rental upside

Exclusively Listed By

Financing By

Multifamily

7106 Flight Ave

Listing Price: $1,595,000

Cap Rate
4.39%
Number of Units
6
GRM
13.89
Price/Unit
$265,833
Price/Gross SF
$433.42
Gross SF
3,680

Investment Highlights

  • Six-unit apartment building in Los Angeles' thriving Westchester neighborhood
  • All one-bed/one-bath units, four of which are single-story floor plans
  • Property features three two-car garages and shared laundry
  • Great location in an affluent submarket proximate to retail, freeways, and attractions
  • Opportunity to capture 32 percent rental upside

Investment Overview

Marcus & Millichap is pleased to present to market 7106 Flight Avenue, a six-unit apartment building in Los Angeles’ desirable Westchester neighborhood. The property is well-located just north of the 405 Freeway conveniently near major shopping centers and proximate to downtown Culver City. 7106 Flight Avenue is a 1952 construction that offers six one-bedroom/one-bath units, four of which are single-story floor plans, and the two remaining units are situated above three two-car garages. The units are separately metered for gas and electricity and feature new windows, and the property also offers shared on-site laundry. This offering presents a great opportunity for an investor to acquire a well-located asset in a strong rental market and capture 32 percent potential upside in rents.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower