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Multifamily

1431 S Holt Ave

1431 S Holt Ave, Los Angeles, CA 90035

Listing Price: $2,695,000

Cap Rate
5.40%
Number of Units
7
GRM
12.63
Price/Unit
$385,000
Price/Gross SF
$389.28
Gross SF
6,923

Investment Overview

We are very pleased to exclusively offer for sale 1431 S. Holt, a 7-unit multi-family property located in the heart of the prime Pico/Robertson enclave of Los Angeles. First time on the market in over 20 years! Built in 1962, 1431 S. Holt Avenue totals 6,923 square feet over an excellent mix of one, two and three bedroom units on a 6,500 square foot lot zoned R3. Boasting a strong annual gross income of over $207,000, this very well maintained multi-family asset has potential for additional ADU units added in some unused storage spaces at the rear of the building (buyer to verify). Offered at $2,695,000, the property is being offered for at an in-place 5.4% cap rate and a 12.6 GRM. The property offers both gated and open parking areas and the seismic retrofitting has already been completed. Amazing opportunity to acquire 7 units in a prime location - first time on market in over 20 years! Many units have balconies and several of the units have been remodeled. A rare opportunity to purchase seven units in a prime location with a strong, stable rent roll, excellent unit mix, ADU potential and so much more!

Investment Highlights

  • Immediate Cash Flow at a 5.4% Cap Rate
  • Desirable West Los Angeles Location
  • Limited New Supply in the Submarket
  • Manageable 7-Unit Asset
  • Stable, Predictable Income Stream
  • Attractive Long-Term Hold

Exclusively Listed By

Financing By

Multifamily

1431 S Holt Ave

Listing Price: $2,695,000

Cap Rate
5.40%
Number of Units
7
GRM
12.63
Price/Unit
$385,000
Price/Gross SF
$389.28
Gross SF
6,923

Investment Highlights

  • Immediate Cash Flow at a 5.4% Cap Rate
  • Desirable West Los Angeles Location
  • Limited New Supply in the Submarket
  • Manageable 7-Unit Asset
  • Stable, Predictable Income Stream
  • Attractive Long-Term Hold

Investment Overview

We are very pleased to exclusively offer for sale 1431 S. Holt, a 7-unit multi-family property located in the heart of the prime Pico/Robertson enclave of Los Angeles. First time on the market in over 20 years! Built in 1962, 1431 S. Holt Avenue totals 6,923 square feet over an excellent mix of one, two and three bedroom units on a 6,500 square foot lot zoned R3. Boasting a strong annual gross income of over $207,000, this very well maintained multi-family asset has potential for additional ADU units added in some unused storage spaces at the rear of the building (buyer to verify). Offered at $2,695,000, the property is being offered for at an in-place 5.4% cap rate and a 12.6 GRM. The property offers both gated and open parking areas and the seismic retrofitting has already been completed. Amazing opportunity to acquire 7 units in a prime location - first time on market in over 20 years! Many units have balconies and several of the units have been remodeled. A rare opportunity to purchase seven units in a prime location with a strong, stable rent roll, excellent unit mix, ADU potential and so much more!

Exclusively Listed By

Financing By

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