Property Details

735 Laconia Blvd
Los Angeles, CA 90044

Price
$2,199,000
GRM
15.36  
GSI
$146,460  
NOI
$90,541  
CAP Rate
4.12  
Units
7  
Price/unit
$314,143  
Square Footage
5,184  
Price/sqft
$424  
Lot Size (sqft)
10,823  
Year Built
1992  

Property Description

Regioncy is proud to present a non rent controlled, 1992 construction of a 7-Unit apartment building located within a great rental pocket. All 2 bed 1 bath units, 14 parking spaces (rented) and onsite laundry. Stabilized income stream with long term upside. Most major components of building have been modernized copper piping, upgraded electrical to 60 amp, new roof, pervious pavers, artificial landscape, dual pane windows, HVAC systems, new roof, fully enclosed property with gated entry and state of the art security camera system.

Fully assumable loan with favorable terms @ 3.75% rate fixed for another 4.5 years, due in 20 and amortized over 30. Existing balance is around $1,312,000.


Unit Composition

QtyBedroomsBathrooms
72 Bedroom1 Bath

Contact Regioncy