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Multifamily

146-150 Douglas St

146 Douglas St, Los Angeles, CA 90026

Listing Price: $3,800,000

Cap Rate
5.30%
Number of Units
24
GRM
10.55
Occupancy
88.0%
Price/Unit
$158,333
Price/Gross SF
$354.48
Gross SF
10,720

Investment Overview

The Azzi Group of Marcus and Millichap is pleased to present the opportunity to acquire 146-150 Douglas Street, a 24-unit multifamily apartment building located in the 90026 zip code of Los Angeles.

Investment Highlights

  • Prime Freeway Access: Convenient access to both the 101 and 110 freeways, providing seamless connectivity throughout Los Angeles
  • Retail and Dining Amenities: Located near a variety of boutique shops, restaurants, and local services, enhancing resident lifestyle and convenience.
  • Amazing Eco Park Location close to world-famous Echo Park Lake.
  • Scenic Views: Select units may offer picturesque views of the iconic Echo Park neighborhood and surrounding landscapes.
  • 2 Parcels- No onsite manager needed.
  • Tremendous Upside Potential.
  • Walkscore.com Rates 146-150 Douglas St Very Walkable; Most errands can be accomplished on foot.

Exclusively Listed By

Multifamily

146-150 Douglas St

Listing Price: $3,800,000

Cap Rate
5.30%
Number of Units
24
GRM
10.55
Occupancy
88.0%
Price/Unit
$158,333
Price/Gross SF
$354.48
Gross SF
10,720

Investment Highlights

  • Prime Freeway Access: Convenient access to both the 101 and 110 freeways, providing seamless connectivity throughout Los Angeles
  • Retail and Dining Amenities: Located near a variety of boutique shops, restaurants, and local services, enhancing resident lifestyle and convenience.
  • Amazing Eco Park Location close to world-famous Echo Park Lake.
  • Scenic Views: Select units may offer picturesque views of the iconic Echo Park neighborhood and surrounding landscapes.
  • 2 Parcels- No onsite manager needed.
  • Tremendous Upside Potential.
  • Walkscore.com Rates 146-150 Douglas St Very Walkable; Most errands can be accomplished on foot.

Investment Overview

The Azzi Group of Marcus and Millichap is pleased to present the opportunity to acquire 146-150 Douglas Street, a 24-unit multifamily apartment building located in the 90026 zip code of Los Angeles.

Exclusively Listed By

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