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210 S Commonwealth Ave

Los Angeles CA 90004

24
14
20
10884 sq. ft.
7488 sq. ft.
Other
Currently for sale - view listing

Overview

210 S Commonwealth Ave & 941 S Gramercy PL, Los Angeles, To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! UNBEATABLE GRM 11.55!! Low Expenses & Easy Maintenance! This 14-unit apartment building is offered only in combination with 941 S Gramercy. Conveniently located close to Hollywood, Downtown LA, Larchmont, with access to the 110, 101, and 10 Fwy. Built in 1980, the property features ten (10) 2-bedroom, 1-bathroom units and four (4) 1-bedroom, 1-bathroom units. Most units have been upgraded and are in excellent condition. The building includes twenty (20) on-site gated parking spaces and an on-site laundry facility, with low operating expenses and easy maintenance. Rents are currently below market, offering strong upside potential. Current gross rental income: $25,900/month ($310,800 annually). Excellent long-term investment with stable cash flow and future growth potential. Sellers motivated.

Features

24 bedrooms
14 bathrooms
20 carspaces
10884 sq. ft. floor area
7488 sq. ft. lot size
Other

Property history for 210 S Commonwealth Ave

2014
Sold
$802,577
05 Mar 2014

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Local market activity for 24 bedroom other properties in Los Angeles

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