CA > Los Angeles
Los Angeles, CA 90044,602 W 75th ST
Los Angeles, CA 90044,602 W 75th ST
Los Angeles, CA 90044,602 W 75th ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,650,000
Est. payment /mo
7,000 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25188209

HOA Y/N No

Year Built 1929

Lot Size 7,000 Sqft

Property Sub-Type Apartment

Property Description

602 W 75th is a 16 unit apartment building in South LA, south of Florence, between Vermont and the 110 Freeway. The subject property offer an investor a great unit mix consisting of (11) 1 Bed/1 Bath, (4) 2 Bed/1 Bath, and (1) 3 Bed/1 Bath units. There is excellent day 1 cash flow being offered at a 9.16% cap rate and 6.66 GRM. The total gross leasable area of the building is 10,032 square feet and sits on a 7,002 square foot lot zoned LAR3. The two story, center hallway apartment building is wood frame stucco construction and the units are subject to LARSO. The front of the property offers a private landscaped space secured with a front gate.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAR3

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs, Suburban, Sidewalks, Urban

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6020021005

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc. 310-729-1559

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