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Multifamily

12445 Gilmore Ave

12445 Gilmore Ave, Los Angeles, CA 90066

Listing Price: $1,800,000

Cap Rate
3.38%
Number of Units
4
Price/Unit
$450,000
Price/Gross SF
$467.78
Gross SF
3,848

Investment Overview

Marcus & Millichap is pleased to present to market 12445 Gilmore Avenue, a well-maintained fourplex with a desirable unit mix and significant upside potential in Los Angeles’ affluent Del Rey neighborhood. The property is located in an near the Centinela Avenue and Culver Boulevard intersection within walking distance of popular restaurants and proximate to the 405 and 90 Freeways, Marina Del Rey, Silicon Beach tech employers, and more. 12445 Gilmore Avenue is a 1964 construction fourplex with a great mix of one three-bedroom/two-bath unit and three two-bed/one-bath units. The units are separately metered for gas and electricity, and the property also offers carport parking with storage, on-site laundry, and a shared patio. The three-bedroom unit and one of the two-bedroom units will be delivered vacant, offering a new investor the opportunity to lease the units at market rates.

Investment Highlights

  • Desirable Del Rey Fourplex Will Be Delivered 50 Percent Vacant
  • Great Mix of One Three-Bedroom/Two-Bath Unit and Three Two-Bedroom/One-Bath Units
  • Well-Maintained Asset With Remodeled Interiors, On-Site Laundry, a Shared Patio, and On-Site Parking With Storage
  • Located in an Affluent Area Walking Distance to Popular Restaurants and Proximate to the 405 and 90 Freeways, Marina Del Rey, Silicon Beach Tech Employers, and More

Exclusively Listed By

Listing Price: $1,800,000

Cap Rate
3.38%
Number of Units
4
Price/Unit
$450,000
Price/Gross SF
$467.78
Gross SF
3,848

Investment Highlights

  • Desirable Del Rey Fourplex Will Be Delivered 50 Percent Vacant
  • Great Mix of One Three-Bedroom/Two-Bath Unit and Three Two-Bedroom/One-Bath Units
  • Well-Maintained Asset With Remodeled Interiors, On-Site Laundry, a Shared Patio, and On-Site Parking With Storage
  • Located in an Affluent Area Walking Distance to Popular Restaurants and Proximate to the 405 and 90 Freeways, Marina Del Rey, Silicon Beach Tech Employers, and More

Investment Overview

Marcus & Millichap is pleased to present to market 12445 Gilmore Avenue, a well-maintained fourplex with a desirable unit mix and significant upside potential in Los Angeles’ affluent Del Rey neighborhood. The property is located in an near the Centinela Avenue and Culver Boulevard intersection within walking distance of popular restaurants and proximate to the 405 and 90 Freeways, Marina Del Rey, Silicon Beach tech employers, and more. 12445 Gilmore Avenue is a 1964 construction fourplex with a great mix of one three-bedroom/two-bath unit and three two-bed/one-bath units. The units are separately metered for gas and electricity, and the property also offers carport parking with storage, on-site laundry, and a shared patio. The three-bedroom unit and one of the two-bedroom units will be delivered vacant, offering a new investor the opportunity to lease the units at market rates.

Exclusively Listed By

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