Multifamily

1455 S Wooster St

1455 S Wooster St, Los Angeles, CA 90035

Listing Price: $5,900,000

Cap Rate
4.18%
Number of Units
16
GRM
14.92
Occupancy
97.00%
Price/Unit
$368,750
Price/Gross SF
$443.18
Gross SF
13,313

Investment Overview

The subject property is a two-story building offering 13,313 of rentable SF and is situated on a 12,998 SF lot.

1455 Wooster has been owned and operated by current ownership for over 20 years providing buyers with an opportunity to increase rental income by renovating the interior units and exterior facade. The unit mix consists of two (2) singles, eleven (11) one bedrooms, one (1) twobedroom, and two (2) two bedroom town-home apartments, both of which include a den. All of the units are very spacious providing tenants with plenty of room. On-site amenities include a gated entry, open courtyard, a laundry facility, and a total of 24 parking spaces, 8 singles and 8 tandem.

This asset provides an investor with a great opportunity to acquire a wellmaintained apartment building in the heart of Pico-Robertson.

Investment Highlights

  • A+ Pico-Robertson Neighborhood
  • Long-Term Ownership
  • Value-Add

Exclusively Listed By

  • Sam Liberow

    First Vice President Investments

    (818) 212-2795

    Email Sam

    License(s): CA: 01933858, CA: 02031850

    Encino

Listing Price: $5,900,000

Cap Rate
4.18%
Number of Units
16
GRM
14.92
Occupancy
97.00%
Price/Unit
$368,750
Price/Gross SF
$443.18
Gross SF
13,313

Investment Highlights

  • A+ Pico-Robertson Neighborhood
  • Long-Term Ownership
  • Value-Add

Investment Overview

The subject property is a two-story building offering 13,313 of rentable SF and is situated on a 12,998 SF lot.

1455 Wooster has been owned and operated by current ownership for over 20 years providing buyers with an opportunity to increase rental income by renovating the interior units and exterior facade. The unit mix consists of two (2) singles, eleven (11) one bedrooms, one (1) twobedroom, and two (2) two bedroom town-home apartments, both of which include a den. All of the units are very spacious providing tenants with plenty of room. On-site amenities include a gated entry, open courtyard, a laundry facility, and a total of 24 parking spaces, 8 singles and 8 tandem.

This asset provides an investor with a great opportunity to acquire a wellmaintained apartment building in the heart of Pico-Robertson.

Exclusively Listed By

  • Sam Liberow

    First Vice President Investments

    (818) 212-2795

    Email Sam

    License(s): CA: 01933858, CA: 02031850

    Encino

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