Multifamily
1832 Lansdowne Avenue
1832 Lansdowne Ave, Los Angeles, CA 90032
Listing Price: $1,049,000
Investment Overview
The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a 4-unit apartment community located at 1832 Lansdowne Avenue. The subject property is located north of the I-10 Freeway and south of Valley Boulevard.
The property is located in a desirable pocket of Northeast LA. The building is in close proximity to Downtown LA, the Arts District, and the San Gabriel Valley. This provides residents with convenient access to employment centers, retail, and entertainment in the immediate area.
Situated on a 5,390-square-foot parcel, the property is comprised of four two-bedroom units. In-place occupied unit rents average $1,184, approximately 111% below market. With market rents achieving $2,500/month, Lansdowne presents a compelling mark-to-market opportunity through unit turnover and interior upgrades.
1832 Lansdowne Avenue offers investors a well-located asset in a desirable Northeast Los Angeles infill neighborhood. The surrounding area continues to improve, supported by ongoing gentrification and strong rental demand. These fundamentals, combined with the property’s inherent value-add potential, position a new owner to benefit from both near-term enhancements and long-term appreciation.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
1832 Lansdowne Avenue
Investment Highlights
- In-place occupied unit rents average $1,184, approximately 111% below market. With market rents achieving $2,500/month, Lansdowne presents a compelling mark-to-market opportunity
- Located in close proximity to Downtown LA, Arts District, Northeast LA & San Gabriel valley
- The property being delivered 50% vacant, allows for an owner user to occupy a unit
- New ownership has potential to add Accessory Dwelling Units (ADU) to the property allowing for added future growth and appreciation potential – Buyer to Verify
Exclusively Listed By
Financing By
Listing Price: $1,049,000
Investment Highlights
- In-place occupied unit rents average $1,184, approximately 111% below market. With market rents achieving $2,500/month, Lansdowne presents a compelling mark-to-market opportunity
- Located in close proximity to Downtown LA, Arts District, Northeast LA & San Gabriel valley
- The property being delivered 50% vacant, allows for an owner user to occupy a unit
- New ownership has potential to add Accessory Dwelling Units (ADU) to the property allowing for added future growth and appreciation potential – Buyer to Verify
Investment Overview
The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a 4-unit apartment community located at 1832 Lansdowne Avenue. The subject property is located north of the I-10 Freeway and south of Valley Boulevard. The property is located in a desirable pocket of Northeast LA. The building is in close proximity to Downtown LA, the Arts District, and the San Gabriel Valley. This provides residents with convenient access to employment centers, retail, and entertainment in the immediate area. Situated on a 5,390-square-foot parcel, the property is comprised of four two-bedroom units. In-place occupied unit rents average $1,184, approximately 111% below market. With market rents achieving $2,500/month, Lansdowne presents a compelling mark-to-market opportunity through unit turnover and interior upgrades. 1832 Lansdowne Avenue offers investors a well-located asset in a desirable Northeast Los Angeles infill neighborhood. The surrounding area continues to improve, supported by ongoing gentrification and strong rental demand. These fundamentals, combined with the property’s inherent value-add potential, position a new owner to benefit from both near-term enhancements and long-term appreciation. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
Exclusively Listed By
Financing By
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