Property Details
About this Property
Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 5700 Van Ness is a mostly Stabilized 5 unit apartment in Los Angeles County. Priced at a 9.86 GRM and 6.96% Current Cap rate, this asset is ideal for any investor looking for strong cash flow in a growing submarket of Los Angeles. The subject property boasts an excellent unit mix of (3) 1-Bed/1-Bath, (1) 3-Bed/1-Bath Units and (1) Studio, ideal for today’s renters. At only $210k/Unit, this asset provides near a 7% cap rate day one and stabilizes at 11.35%. 5700 Van Ness is minutes from Windsor Hills, Leimert Park and Inglewood.
MLS Listing Information
MLS #
CRSB24098417
MLS Source
California Regional MLS
Interior Features
Laundry
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Sewer
None
Contact Information
Listing Agent
Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
License #: 02100737
Phone: (310) 729-1559
Co-Listing Agent
Taylor Avakian
License #: 02060040
Phone: (916) 996-4421
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
5700 S Van Ness Ave is a Residential Income in Los Angeles, CA 90062. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1924. This address can also be written as 5700 S Van Ness Ave, Los Angeles, CA 90062.
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This listing information is up-to-date as of September 04, 2024. For the most current information, please contact Aaron Jacobson, (310) 729-1559
