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Multifamily

6142 Afton Pl

6142 Afton Pl, Los Angeles, CA 90028

Listing Price: $2,400,000

Cap Rate
0.75%
Number of Units
6
Occupancy
97.0%
Price/Unit
$400,000
Price/Gross SF
$429.57
Gross SF
5,587

Investment Overview

Marcus & Millichap is pleased to present 6142 Afton Place, Los Angeles, CA. A six (6) unit multi-family building built in 1963 containing approximately 5,587 square feet, the property is located on approximately 7,000 square feet of land area. The apartment building will require renovation work with the potential to eventually raise rents to market rates. 6142 Afton Place, Los Angeles, CA is located in the heart of Hollywood, CA, just minutes from the world-famous Hollywood Walk of Fame, exciting and renowned shopping, dining, studio and entertainment venues on Sunset, Hollywood, Wilshire and Santa Monica Boulevard with convenient mass local and regional transportation nearby. Easy access to the Interstate (101) and (10) Freeways, minutes to Downtown LA, Staples Center, LA Live as well as other world-renowned locations such as Santa Monica, Beverly Hills, Century City and LAX International Airport.

Investment Highlights

  • Great Potential to Increase Base Rents to Market Rates Overtime
  • Central Hollywood Location
  • Minutes to World-Class Shopping, Dining, and Entertainment
  • Great Access to Interstate Freeways and Convenient Local and Regional Mass Public Transportation

Exclusively Listed By

Financing By

Multifamily

6142 Afton Pl

Listing Price: $2,400,000

Cap Rate
0.75%
Number of Units
6
Occupancy
97.0%
Price/Unit
$400,000
Price/Gross SF
$429.57
Gross SF
5,587

Investment Highlights

  • Great Potential to Increase Base Rents to Market Rates Overtime
  • Central Hollywood Location
  • Minutes to World-Class Shopping, Dining, and Entertainment
  • Great Access to Interstate Freeways and Convenient Local and Regional Mass Public Transportation

Investment Overview

Marcus & Millichap is pleased to present 6142 Afton Place, Los Angeles, CA. A six (6) unit multi-family building built in 1963 containing approximately 5,587 square feet, the property is located on approximately 7,000 square feet of land area. The apartment building will require renovation work with the potential to eventually raise rents to market rates. 6142 Afton Place, Los Angeles, CA is located in the heart of Hollywood, CA, just minutes from the world-famous Hollywood Walk of Fame, exciting and renowned shopping, dining, studio and entertainment venues on Sunset, Hollywood, Wilshire and Santa Monica Boulevard with convenient mass local and regional transportation nearby. Easy access to the Interstate (101) and (10) Freeways, minutes to Downtown LA, Staples Center, LA Live as well as other world-renowned locations such as Santa Monica, Beverly Hills, Century City and LAX International Airport.

Exclusively Listed By

Financing By

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