Multifamily
4173 Fair Ave
4173 Fair Ave, Los Angeles, CA 91601
Listing Price: $1,825,000
Cap Rate
4.89%
Number of Units
5
GRM
11.92
Price/Unit
$365,000
Price/Gross SF
$339.79
Gross SF
5,371
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 4173 Fair Ave, a 5-unit multifamily investment opportunity located in the highly desirable 91602 zipcode of Studio City.
Investment Highlights
- Proximity to Lifestyle Amenities: Minutes from popular dining, shopping, and entertainment options along Ventura Boulevard, enhancing tenant appeal and retention.
- Strong Studio City Location: Situated in a highly sought-after Studio City neighborhood, the asset benefits from proximity to major employment hubs, retail corridors, and local amenities.
- Flexible Living Spaces: Units designed with functional layouts and additional den spaces, accommodating work-from-home and modern lifestyle needs.
- Well-Balanced Unit Mix: The property features a desirable unit composition, including two 1-bedroom/1-bath units, two 1-bedroom/2-bath units with dens, and one spacious 2-bedroom/2-bath unit with a den, appealing to a wide range of tenants.
Exclusively Listed By
Listing Price: $1,825,000
Cap Rate
4.89%
Number of Units
5
GRM
11.92
Price/Unit
$365,000
Price/Gross SF
$339.79
Gross SF
5,371
Investment Highlights
- Proximity to Lifestyle Amenities: Minutes from popular dining, shopping, and entertainment options along Ventura Boulevard, enhancing tenant appeal and retention.
- Strong Studio City Location: Situated in a highly sought-after Studio City neighborhood, the asset benefits from proximity to major employment hubs, retail corridors, and local amenities.
- Flexible Living Spaces: Units designed with functional layouts and additional den spaces, accommodating work-from-home and modern lifestyle needs.
- Well-Balanced Unit Mix: The property features a desirable unit composition, including two 1-bedroom/1-bath units, two 1-bedroom/2-bath units with dens, and one spacious 2-bedroom/2-bath unit with a den, appealing to a wide range of tenants.
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 4173 Fair Ave, a 5-unit multifamily investment opportunity located in the highly desirable 91602 zipcode of Studio City.
Exclusively Listed By